Evercore ISI Reiterates Outperform Rating on Lennar (LEN)

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Lennar To Acquire Rausch Coleman Homes

November 19, 2024 8:30 AM EST

MIAMI, Nov. 19, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) announced today that it has entered into a definitive agreement to acquire Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas. Lennar will acquire Rausch Coleman's homebuilding operations, which expects to deliver approximately 5,000 homes with an average sales price of... More