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KM Financial Solutions | UPDATE 2-Lennar to buy CalAtlantic, forming largest homebuilder in U.S.
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UPDATE 2-Lennar to buy CalAtlantic, forming largest homebuilder in U.S.

29 Oct UPDATE 2-Lennar to buy CalAtlantic, forming largest homebuilder in U.S.

Posted at 12:34h in News by
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Oct 30 (Reuters) – Lennar Corp said on Monday it
would buy smaller rival CalAtlantic Group Inc for about
$6 billion, creating the largest homebuilder in the United
States as the sector combats higher land acquisition costs and a
tighter labor market.

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