Topic - Pulte Homes, Inc.

Pulte Homes, Inc is a Bloomfield Hills, MI based company founded by Bill Pulte. Announced April 8, 2009, Pulte Homes has agreed to acquire Centex - creating the nation's largest homebuilding company in a stock transaction worth $3.1 billion, including $1.8 billion of debt. The companies said that, after the merger, Pulte shareholders will own 68% of the combined company, and Centex shareholders will own 32%. The two companies said they each have about $1.7 billion in cash, so that the newly combined company will have more than $3.4 billion in liquidity. Pulte completed the acquisition of Centex February 23, 2010. - Source: Wikipedia

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