November 22, 2024 6:25 am
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Taylor Morrison to buy William Lyon Homes

Deal, if approved, will create the nation’s 5th-largest home builder by closings.

Builder

Taylor Morrison Home Corporation (NYSE: TMHC) and William Lyon Homes (NYSE: WLH) Wednesday a definitive agreement under which Taylor Morrison will acquire all of the outstanding shares of William Lyon Homes common stock for per share consideration of $2.50 in cash and 0.800 shares of Taylor Morrison common stock. The deal is valued at $2.4 billion.

Taylor Morrison shares were down more than 6% to $22.12 in heavy midday trading Wednesday.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.