Beazer Homes Shares Rise After Dream Finders Increases Takeover Offer
Beazer Homes (BZH) shares rose by 14% after Dream Finders Homes (DFH) increased its all-cash acquisition offer to $32.00 per share, up from a previous bid of $29.25. Beazer had rejected the earlier proposal as undervaluing the company and outlined conditions for negotiations.
Topics: acquisition stock price movement strategic alternatives