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The company was formed in 1980 as NVHomes, Inc. (formerly North Virginia Homes Inc.) by Dwight Schar. [1] In 1986, the company acquired Ryan Homes, founded in 1948 in Pittsburgh, Pennsylvania, to provide housing in the expanding post-war economy. [5] In April 1992, as a result of the early 1990s recession, the company filed bankruptcy. [6]
In 1968, the company built 220 homes at an average price of $30,000. [3] In 1970, Ryan noticed a "Maryland" sign with the initial "M" and "A" covered, and shortly thereafter the company changed its name to The Ryland Group, Inc. [3] In 1971, the company expanded to Atlanta and became a public company via an initial public offering, raising $4.6 ...
In 2003, the company acquired Sivage-Thomas Homes. [12] In 2009, the company acquired Centex for $1.3 billion in stock. [13] [14] In August 2014, the company acquired the real-estate assets of Dominion Homes for $82 million. [15] The company changed its name from Pulte Homes, Inc. to PulteGroup, Inc. in March 2010. [16]
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
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