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Beazer Homes USA Stock Gains 31% Over Acquisition Proposal From Dream Finders Homes

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Shares of Beazer Homes USA, Inc. (BZH) are climbing about 31 percent in Monday morning trading after Dream Finders Homes, Inc. (DFH) submitted a proposal to acquire the company at $25.75 per share in cash, which reflects a total equity value of around $704 million.

The company's shares are currently trading at $24.64 on the New York Stock Exchange, up 31.27 percent. The stock opened at $25.30 and has climbed as high as $25.35 so far in today's session. Over the past year, it has traded in a range of $17.83 to $28.33.

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