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Century Communities completed the merger with UCP for $336m

Synopsis

Century Communities, a leading homebuilder of single-family homes, townhomes and flats in select US markets, completed the merger with UCP for $336m. “The merger facilitates expanded product offerings across the full buyer segment spectrum with cutting edge designs at multiple price points for maximum customer reach. The combined company is expected to generate significant operating efficiencies which should create a rate of revenue growth and increased stockholder value in excess of what either company could achieve on a standalone basis,” Rob Francescon, Century Communities Co-CEO.

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