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In 2001, Pulte Homes, Inc acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. [11] 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]
Along with construction, the corporation was also involved in real estate and owned several hotels and casinos which were built and/or expanded by the company. The company was purchased in 2001 by Pulte Homes. [1] Pulte Homes since merged with Centex Corp. and became PulteGroup. [2] Del Webb continues as a brand of PulteGroup. [3] [4]
Is creating the largest homebuilder amidst the worst real estate market in decades such a hot idea? Wall Street seems to say "yes." Pulte Holmes Inc. (PHM) agreed to buy Centex Corp. (CTX) for $1. ...
Homebuilder PulteGroup announced plans this week to increase its pace of new builds in 2023, aiming to match an anticipated increase in demand in the market.“Our plan is for a consistent cadence ...
Centex Corporation acquired these, and other regionally-based construction companies through the 1960s and 1970s to form Centex Construction, the commercial building arm of Centex Corporation. [2] Centex Construction operated through early 2007, when it was acquired by Balfour Beatty.
Earnings per share for the homebuilder's fiscal first quarter came in at $2.35, beating the $1.80 expected by analysts.
PulteGroup will have seven communities in Palm Beach County with the addition of a new neighborhood west of Boynton Beach.
The company was founded in 1963 as a division of Centex Construction Company. Between April 1994 and January 30, 2004, the company was known as Centex Construction Products, Inc. [1] On January 30, 2004, Centex distributed its shares in the company to its shareholders and the company was renamed Eagle Materials Inc. [2] [3]
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