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Cove Communities Nears Deal for Mobile-Home Rival Blair

Cove Communities, an owner of RV resorts, manufactured-housing locations and mobile-home parks, is in talks to acquire Blair Group, according to people with knowledge of the matter.

The companies are in discussions regarding a transaction that values Blair at $1 billion or more, said one of the people, all of whom requested anonymity because the deal isn’t yet public. The transaction hasn’t been finalized, and talks could still fall apart.