Pulte Merges with Centex

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Published on Wednesday, 08 April 2009 15:12

Pulte, the principal residential developer in Ave Maria, is merging with another large homebuilder, Centex, in a $1.3-billion stock deal. The transaction will create the nation's largest homebuilding company, which will have the Pulte name. Centex has several developments in the Naples area including the Quarry off Immokalee Rd.
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