Is Pulte the same as Centex?

Pulte Homes Inc. agreed to acquire Centex Corp. Wednesday in a stock-for-stock deal valued at $1.3 billion that will create the nation’s largest homebuilding company. The new company, which will include the Del Webb and Fox & Jacobs brand homes, will keep the Pulte name and headquarters in Bloomfield Hills, Mich.

Did Pulte Homes Buy Centex?

Pulte Homes Inc. On Tuesday, shareholders of Pulte and Centex approved Pulte’s plan to buy Centex for $1.4 billion in stock. By acquiring Centex, Pulte gets to beef up its offerings of lower-priced homes, the sector’s strongest segment.

When did Pulte buy Centex?

2009
In 2009, Pulte Group acquired Centex for $1.3 billion in stock. The company moved its headquarters to Atlanta, Georgia in 2014. In 2016, Ryan Marshall became president and CEO of the company. In April 2019, the company acquired the homebuilding operations of American West Homes for $150 million.

Is Centex and Pulte merger?

(NYSE: PHM) and Centex Corporation (NYSE: CTX) announced today that their respective boards of directors have unanimously approved a definitive merger agreement under which Pulte and Centex will combine in a stock-for-stock transaction valued at $3.1 billion , including $1.8 billion of net debt.

What’s the deal between Pulte Homes and Centex?

On Tuesday, shareholders of Pulte and Centex approved Pulte’s plan to buy Centex for $1.4 billion in stock. By acquiring Centex, Pulte gets to beef up its offerings of lower-priced homes, the sector’s strongest segment. The…

Who is the parent company of Pulte Homes?

PulteGroup, Inc. (previously known as Pulte Homes) is a home construction company based in Atlanta, Georgia, United States.

When did Pulte Group buy Radnor homes?

In 1998, PulteGroup acquired Divosta for an estimated $150 million. The company also acquired Radnor Homes. In 2001, the company acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. In 2003, the company acquired Sivage-Thomas Homes. In 2009, Pulte Group acquired Centex for $1.3 billion in stock.

Where are Centex Homes built in the US?

Centex Homes are built in top real estate markets across the country. To learn more, click an area below: New Construction Homes in California. Homes for Sale in Central Valley. New Construction Homes in Florida. Homes for Sale in Sarasota. Homes for Sale in Tampa. Homes for Sale in The Orlando Area.