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Slide #8. The Ryland Group, Inc. — Operations of LionsGate Homes
The Ryland Group, Inc. (RYL)
Operations of LionsGate Homes
The Ryland Group, Inc. (NYSE:RYL), today announces that it has entered into a definitive agreement to acquire the Dallas-Fort Worth operations and assets of LionsGate Homes. The LionsGate acquisition has the potential to provide Ryland with an ongoing operation in Dallas, approximately 885 lots and homes for future sales. LionsGate Homes currently operates in 15 active communities in the Dallas/Ft. Worth market.
Ryland Group is a homebuilder and a mortgage-finance company. All of Co.'s operations consist of various aspects of the homebuying process, from design, construction and sale to mortgage origination, title and escrow services. Co. consists of six reportable segments: four geographically determined homebuilding regions; financial services; and corporate. Co.'s homes are built on-site and marketed in four geographic regions, or segments: North, Southeast, Texas and West. Co. markets attached and detached single-family homes. The financial services segment provides mortgage-related products and services, as well as title and escrow services, to its homebuyers.
Open the RYL Page at The Online Investor »
Buy (2.89 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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