Top Movers of the Day
Generated by AI AgentAinvest Movers Radar
Thursday, Jan 18, 2024 6:43 pm ET1min read
MDC shares traded higher after the company announced that it has agreed to be acquired by Japanese homebuilder Sekisui House in an all-cash transaction valued at around $4.9 billion or $63 per share. The deal will solidify Sekisui House's presence in the important U.S. housing market and create the fifth largest U.S. homebuilder.
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