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08 April 2009 11:30

Pulte Homes and Centex Corporation Merge in $1.3 Billion Deal!

Pulte Homes, Inc. said it’s buying rival builder Centex Corporation in a deal creating the country’s biggest home builder. Terms call for Centex holders to get 0.975 Pulte shares for each share they own, valuing Centex at $10.50 a share, a ...

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