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Wall Street Journal

Real Estate

Home Builders Unite: Pulte Homes buys Centex for $1.3B

by Joshua Dorkin | April 8, 2009

In a sure sign that in order to survive the hobbled housing market you must take chances and make drastic moves, two of the largest home builders are going to be merging. According to the Washington Business Journal:
Pulte Homes Inc. has agreed to buy fellow homebuilder Centex Corp. in a stock swap valued at [...]

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