Fitch, Moody’s bullish on massive Lennar-CalAtlantic merger

By Ben Lane | Housingwire

On Monday, the homebuilders announced a deal that will see Lennar acquire CalAtlantic in a deal valued at approximately $9.3 billion. The deal will create the nation’s largest homebuilder.

In brief notes sent Tuesday to clients, Fitch and Moody’s noted the strength and size of the combined company as a significant benefit of the deal. The deal combines the nation’s 2nd and 5th largest homebuilders, based on the number of homes built.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

November 2017
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930