When WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida, announced last month that it agreed to a “definitive merger agreement” with fellow homebuilder Lennar for $643 million, the company said that its board was going to take a 35-day “go shop” period to seek a better deal. Now, the 35-day “go shop” period is over and the merger with Lennar is moving forward, but it’s not a done deal yet. http://www.housingwire.com/articles/38386-wci-communities-doesnt-find-better-offer-643m-merger-with-lennar-to-move-forward ❤️ #share #mortgage
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