William Lyon Homes (WLH) Ticks Higher on Chatter

October 21, 2016 8:53 AM EDT

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William Lyon Homes (NYSE: WLH) ticked higher pre-market after Betaville reported that Meritage Homes Corporation (NYSE: MTH) is targeting the company. Meritage reportedly submitted a proposal that values the company at $22-$23 per share.

William Lyon Homes' (NYSE: WLH) CEO said there are no active discussions.

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