Lennar $643 million acquisition of WCI Communities

Overview:

• Lennar has acquired fellow home builder WCI Communities in a $643 million deal.
• The price tag comes to $23.50 per WCI share.
• The purchase significantly expands Lennar's presence in Florida, where WCI is based.
• Goodwin Procter (David Bernstein) advised Lennar.
• Latham & Watkins (Charles Ruck, Thomas Malone) advised WCI.

Kurt Stumpo - Journalist - North America and the Caribbean