BUZZ-Beazer Homes gains as Dream Finders agrees to $704 million deal

Beazer Homes USA, Inc.
Dream Finders Homes, Inc. Class A

Beazer Homes USA, Inc.

BZH

0.00

Dream Finders Homes, Inc. Class A

DFH

0.00

** Shares of homebuilder company Beazer Homes USA BZH.N jump 25% to about $23.78 premarket

** Dream Finders Homes DFH.N has agreed to buy Beazer Homes in an all-cash transaction valued at about $704 million, at $25.75 per share

** The offer price represents a premium of 37.2% to Beazer Homes' last closing price on Friday, according to Reuters' calculation

** As of last close, BZH had fallen 7.4% and DFH down 16.3% YTD


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