Pulte Homes (PHM) Announces Expiration of Hart-Scott-Rodino Waiting Period for Centex Merger (CTX)
Pulte Homes, Inc. (NYSE: PHM) and Centex Corporation (NYSE: CTX) announced that the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 relating to Pulte's proposed merger with Centex has expired, thereby satisfying a condition to the closing of the transaction.
The transaction remains subject to the satisfaction of other customary closing conditions, including approval by the shareholders of both Pulte and Centex. The transaction is expected to close in the calendar third quarter of 2009.
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