Deals

Dream Finders Homes Offers $704 Million to Buy Rival Beazer

Beazer Homes USA Inc. signage at a construction site in Prosper, Texas.Photographer: Laura Buckman/Bloomberg

Dream Finders Homes Inc. has submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc.

Jacksonville, Florida-based DFH is offering $25.75-per-share in cash for Beazer, according to a statementBloomberg Terminal Monday that confirmed an earlier Bloomberg News report.