BUZZ-Beazer Homes surges after report of revised Dream Finders buyout offer

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

** Homebuilder Beazer Homes USA BZH.N rises 14% to $31.26 premarket
** BZH on track to hit one-and-a-half-year peak, if gains hold, the

** Dream Finders Homes DFH.N boosts bid to buy BZH in an all-cash transaction valued at $875 million, at $32 per share, Bloomberg reports

** Offer represents a premium of 16.7% to Beazer Homes' last closing price

** In May, DFH agreed to buy BZH for cash at $25.75 per share or about $704 million

** Up to last close, stock up 35.2% YTD


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