Green Touch Builders | Homebuilding giant D.R. Horton gets bigger with $72M acquisition
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April 27, 2015 By SEO Admin

Homebuilding giant D.R. Horton gets bigger with $72M acquisition

Fort Worth-based homebuilding giant D.R. Horton Inc. (NYSE: DHI) has gotten a little bigger after acquiring Seattle-based Pacific Ridge Homes for $72 million.

The deal gives D.R. Horton about 350 home lots, 90 homes in inventory and another 40 homes in sales order backlog. It also gives D.R. Horton control of about 400 lots through option contracts.

“Their well-established building operations make Pacific Ridge a great fit for D.R. Horton as we look forward to expanding our presence in the greater…