Beazer Homes gains as Dream Finders agrees to $704 million deal
** Shares of homebuilder company Beazer Homes USA BZH.N jump 25% to about $23.78 premarket ** Dream Finders Homes DFH.N has agreed to buy Beazer Homes in an all-cash transaction valued at about $704 million, at $25.75 per share ** The offer price represents a premium of 37.2% to Beazer Homes' last closing price on Friday, according to Reuters' calculation ** As of last close, BZH had fallen 7.4% and DFH down 16.3% YTD (Reporting by Apratim Sarkar in Bengaluru) ((Apratim.Sarkar@thomsonreuters.com))
Recent news on Dream Finders Homes (Texas)
See all newsBrief: Beazer Homes Stockholders Overwhelmingly Vote To Approve Dream Finders’ Acquisition Of Beazer Homes
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Deals of the day-Mergers and acquisitions
Brief: Dream Finders Homes If Deal Terminated Under Certain Circumstances, Beazer To Pay To Co Termination Fee Of $31.3 Million - SEC Filing