M2E client, Lennar becomes nation’s largest homebuilder with acquisition of CalAtlantic

posted on Wednesday, February 14th, 2018 by Nina Tanazevic

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.

Read more https://www.bizjournals.com/southflorida/news/2018/02/12/lennar-becomes-nation-s-largest-homebuilder-with.html?ana=e_sflo_bn_breakingnews&u=zuto1%2Bdpmkxd1R5×0QKJfQ0a2d3df0&t=1518619365&j=79964021