Deals

Dream Finders Homes Is Said to Bid $704 Million for Rival Beazer

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

Dream Finders Homes Inc. is close to announcing a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., according to people familiar with the matter.

Jacksonville, Florida-based DFH could reveal its all-cash bid of $25.75-per-share for Beazer as soon as Monday, the people said, asking not to be identified discussing confidential information.