Lennar, CalAtlantic Strike Deal to Create Largest U.S. Home Builder
Wall Street Journal, Oct. 30, 2017–Chris Kirkham, Laura Kusisto (subscription)
Lennar Corp. agreed to buy CalAtlantic Group Inc. for $5.7 billion, creating the country’s largest home builder by revenue in the latest affirmation of a U.S. economic expansion now in its ninth year.
