Toll Brothers to Acquire Shapell Homes for $1.6B in Cash
November 06, 2013 at 23:12 PM EST
Toll Brothers and Shapell Industries today announced that they have entered into a definitive purchase agreement under which Toll Brothers will acquire the home building business of Shapell in a stock acquisition for approximately $1.60 billion in cash. See full press release (c) 2013 Benzinga.com. Benzinga