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Construction M&A image Construction M&A » By The Online Investor Staff, updated Thu., Apr. 25, 1:33 AM Recent mergers and acquisitions in the Construction M&A category.

This Slide: #56 of 100

Slide #56. Meritage Homes Corporation — Phillips Builders

Acquirer: Meritage Homes Corporation (NYSE:MTH)
Acquiree: Phillips Builders
Details: Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced its entry into the Nashville, Tennessee, market through the acquisition of the assets and operations of Phillips Builders.

Meritage Homes is a holding company. Through its subsidiaries, Co. designs and builds single-family homes. Co. provides a variety of homes that are designed for the first-time and first move-up buyers. Co. also operates a financial services reporting segment. In this segment, Co. provides title and escrow, mortgage, and insurance services. Carefree Title Agency, Inc., its wholly-owned title company, provides title insurance and closing/settlement services to its homebuyers. Meritage Homes Insurance Agency, Inc., its wholly-owned insurance broker, works in collaboration with insurance companies nationwide to provide homeowners insurance and other insurance products to its homebuyers.

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MTH — Key Stats (updated 15 hours, 3 minutes ago)
Company Name:  Meritage Homes Corp
Stock buyback:  MTH buyback
Website:  www.meritagehomes.com
Sector:  General Contractors & Builders
Number of ETFs Holding MTH:  59
Total Market Value Held by ETFs:  $1.46B
Total Market Capitalization:  $5.50B
% of Market Cap. Held by ETFs:  26.49%
 

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April 25, 2024  •  1:33 AM Eastern
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Hold (2.50 out of 4)
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