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House Beat

Paul Deffenbaugh
The editor's spot at a Professional Builder offers the best armchair view of the housing industry. In this blog, I hope to take you inside that view, presenting the industry to you in new ways that are fun, surprising, eye-opening, and -- I hope -- refreshing. Contact me at paul.deffenbaugh@reedbusiness.com. Or you can catch me on twitter -- http://twitter.com/PDeffProBuilder

Wednesday, April 8, 2009

Paul Deffenbaugh

Pulte to Buy Centex for $1.3 Billion in Stock

Apr 8 2009 7:56AM | Permalink | Email this | Comments (1) |
Blog This! using: Blogger.com | LiveJournal |

By Paul Deffenbaugh

Today it was announced Pulte will buy Centex for $1.3 billion in a stock deal. The acquisition will finalize in the 3rd quarter of 2009, so until then the companies will operate independently. Click Here for the Wall Street Journal article on the deal.


Lots of room for speculation on this. Comment below.

1. Surprised? Not Surprised?
2. Will the deal go through?
3. Does it benefit the home building industry?
4. Is this the future of home builder? Should we look for the KB Homes/Beazer merger next week?

Fire away.

Reader Comments


at 10/7/2009 3:09:34 AM, Annie ( Conveyancing ) Wagner said:
Excellent blog this www.housingzone.com well done and I am really pleased to view : this it's just what I needed to know.
It's taken me literally 1 hours and 40 minutes of searching the web to find www.housingzone.com (not really) ;)
But seriously I am really interested in Period Property normally and so I shall be very pleased to become a regular visitor

Thanks

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