Benchmark Communities Brand Will Transition to Century Communities.
BuilderOnline
By Kelsi Maree Borland
Communities, Inc., Greenwood Village, Col. (NYSE: “CCS”) Friday announced it has completed its previously announced merger with UCP, Inc. (NYSE: “UCP”). The aggregate transaction value was approximately $356 million, including the payment of approximately $149 million of existing UCP indebtedness. The transaction was unanimously approved by the board of directors of both Century and UCP and was also approved by UCP shareholders.
About author
You might also like
William Lyon Homes Releases Earnings Results, Misses Expectations
William Lyon Homes (WLH) announced its most recent quarterly financial results on Wednesday, Feb-22-2017. WLH reported $0.60 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07.
MDC 4th-Qtr Profit Up 79%
M.D.C. Holdings (NYSE:MDC), Denver, parent of Richmond American Homes, on Wednesday reported net income of $40.4 million, or $0.78 per share, for the fourth quarter ended Dec. 31, 2016. The
A Housing Pullback In 2017?
According to data compiled by the Federal Reserve Bank of New York, the 10-year term premium moved above zero for the first time in 10 months on the 14th of
