It also builds townhomes and condominiums, and buys and develops tracts of high-quality land (both alone and through joint ventures). Lennar and CalAtlantic and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed merger. Products & Services . This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. © Dun & Bradstreet, Inc. 2000 - 2020. Lennar Corporation is one of the nation’s largest builders of quality homes - for all generations. The transaction is accretive before deal costs in fiscal year 2018 and significantly accretive in fiscal year 2019. ProSiebenSat.1 hat in den vergangenen Jahren ein erfolgreiches Commerce-Portfolio aufgebaut. See our, Free Microsoft Outlook plugin to drive efficiency with on-demand sales intelligence. Certain Information Regarding Participants Headquarters Address:. Some of the statements in this press release are "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the expected time of the completion of the transaction. A presentation for the call can be accessed through Lennar's website at www.lennar.com. Founded in 1954, Lennar Corporation’s core principles of Quality, Value, and Integrity are the underlying foundation upon which we were built. Director from 2000 to 2005, and since 2006. Related Links. New York, October 08, 2015 -- Moody's Investors Service upgraded the Corporate Family Rating of CalAtlantic Group, Inc. ("CalAtlantic"), formerly known as Standard Pacific Corp., to Ba2 from B1 and Probability of Default Rating to Ba2-PD from B1-PD. Copies of the documents filed by CalAtlantic with the SEC will be available free of charge on CalAtlantic's website at. The transaction, which is in the form of a merger of CalAtlantic into a wholly-owned subsidiary of Lennar, was overwhelmingly approved today … Investor Relations; Institutional Ownership and Shareholders . Subscribe to our email alerts. Products & Services. Certain Information Regarding Participants. ", exercise the cash election for at least the number of shares to cause the maximum cash consideration amount to be fully subscribed by electing stockholders. ", Mr. Miller continued, "This combination increases our scale in the markets that we already know and in the products we already offer to entry level, move up and active adult customers. Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. Participant Code: 643525 CalAtlantic is formed by merging Ryland Group, Inc. into Standard Pacific Corp. while changing the name of the combined entity to CalAtlantic. We believe in simplifying your home-buying experience by including everything you need in a new home and community. We look forward to executing our strategy as a larger and even stronger company and welcoming a very talented group of CalAtlantic associates to the Lennar family.". Get the latest business insights from Dun & Bradstreet. Company. By clicking the button above, you agree to our Terms of Use. View original content:http://www.prnewswire.com/news-releases/lennar-and-calatlantic-announce-business-combination-creating-the-nations-leading-homebuilder-300545300.html, Back to Press Releases Some of the factors that may affect outcomes and results include, but are not limited to: (i) Lennar's and CalAtlantic's ability to obtain requisite approval from their respective stockholders; (ii) Lennar's and CalAtlantic's ability to satisfy the conditions to closing of the proposed merger; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (iv) availability of financing and capital; (v) failure to realize the benefits expected from the proposed acquisition; (vi) the risk that the cost savings and any other synergies from the acquisition may not be fully realized or may take longer to realize than expected; (vii) failure to promptly and effectively integrate the acquisition; (viii) other risks related to the completion of the proposed merger and actions related thereto; and (ix) the risks detailed in CalAtlantic's and Lennar's filings with the Securities and Exchange Commission (the "SEC"), including the "Risk Factors" sections of CalAtlantic's Annual Report on Form 10-K for the year ended December 31, 2016 and Lennar's Annual Report on Form 10-K for the fiscal year ended November 30, 2016, and their respective most recent Quarterly Reports on Form 10-Q. Value investing is easily one of the most popular ways to find great stocks in any market environment. INVESTORS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER. Irvine, CA 92618 SEC filings; Annual reports & proxy statements; Fundamentals; Financial tear sheet; SEC filings. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. CalAtlantic, the fourth largest homebuilder in the US, offers home loans to its customers in all of its markets as well. As a result, the combined company will have a top 3 ranking in 24 of the top 30 markets in the country. ... Investor Relations, at … Register for email alerts. Contact Calatlantic Homes customer support team using toll free number: (800) 749-5000,. Based on the closing price of Lennar's Class A common stock on the NYSE on October 27, 2017, the implied value of the stock consideration is. With a trusted reputation for quality craftsmanship, an outstanding customer experience and exceptional architectural design earned over its 50 year history, CalAtlantic Group, Inc. utilizes its over five decades of land acquisition, development and homebuilding expertise to acquire and build desirable communities in locations that meet the high expectations of the company's homebuyers.Additional information about CalAtlantic Group, Inc. is available by visiting www.calatlantichomes.com. CalAtlantic's stockholders will also have the option to elect to exchange all or a portion of their shares for cash in the amount of $48.26 per share, subject to a maximum cash amount of approximately $1.2 billion. We believe in simplifying your homebuying experience by including everything you need in a new home and community. 2017, 700 N.W. Information and resources about the performance of Dun & Bradstreet. 9:30 a.m. Lima, Peru time 10:30 a.m. Eastern Time 1 877 271 1828 within the U.S. 1 334 323 9871 from outside the U.S. CalAtlantic Group, Inc., one of the nation's largest and most respected homebuilders, offers well-crafted homes in thoughtfully designed communities that meet the desires of customers across the homebuilding spectrum, from entry level to luxury, in 43 Metropolitan Statistical Areas spanning 19 states. The deal will have Lennar Corporation acquiring CalAtlantic Group Inc in a deal totaling $9.3 billion.