D.R. Horton Acquires Homebuilding Operations Of Truland Homes For ~$100M In Cash
Portfolio Pulse from Benzinga Newsdesk
D.R. Horton has acquired the homebuilding operations of Truland Homes for approximately $100 million in cash.
July 05, 2023 | 12:08 pm
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POSITIVE IMPACT
D.R. Horton's acquisition of Truland Homes' homebuilding operations could potentially increase its market share and revenues.
The acquisition of Truland Homes' homebuilding operations by D.R. Horton could potentially increase its market share and revenues. This is because Truland Homes has a strong presence in the homebuilding market, and its operations could complement D.R. Horton's existing business. Therefore, this acquisition could be beneficial for D.R. Horton in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100