United Homes Group shares are trading lower after the company announced it will be acquired by Stanley Martin Homes in an all-cash transaction that represents an enterprise value of ~$221 million.

United Homes Group, Inc. Class A +0.85%

United Homes Group, Inc. Class A

UHG

1.18

+0.85%

United Homes Group shares are trading lower after the company announced it will be acquired by Stanley Martin Homes in an all-cash transaction that represents an enterprise value of ~$221 million.