M2E client, Lennar inks merger agreement with CalAtlantic Group

posted on Monday, October 30th, 2017 by Nina Tanazevic

Lennar Corp. on Monday announced a merger agreement with Arlington, Virginia-based CalAtlantic Group Inc. in a deal valued at $9.3 billion.

“This combination increases our scale in the markets that we already know …” said Stuart Miller, CEO of Miami-based Lennar (NYSE: LEN). “As a result, the combined company will have a Top 3 ranking in 24 of the Top 30 markets in the country.”

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