Friday, December 26, 2008

A Buyout for New Home Builder TOUSA by Standard Pacific Homes?

Discussions are underway for a possible merger/buyout of TOUSA (Engle Homes, etc.) a new home builder with local presence in Live Oak Preserve. Tousa filed for bankruptcy earlier this year.
FULL STORY

1 comment:

Anonymous said...

so one almost bankrupt builder buys a bankrupt builder. Not sure how there is anything positive in that.