m2e client, Lennar becomes nation’s largest homebuilder with acquisition of CalAtlantic

February 14, 2018
Posted by: m2e Team
Category: Uncategorized

Lennar Corp. has reclaimed its spot as the nation’s largest homebuilder after completing the acquisition of CalAtlantic Group.

Miami-based Lennar (NYSE: LEN) and Virginia-based CalAtlantic (NYSE: CAA) both received shareholder approval for the merger on Monday. The companies said the deal will be effective at 11:59 p.m. Over 99 percent of shareholders at each company approved the deal.
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Author: m2e Team

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