Lennar launches exchange offer for remaining Millrose shares (LEN:NYSE)

Core Viewpoint - Lennar announced an offer to exchange the remaining portion of Millrose Properties shares for its class A common stock, following a taxable spin-off completed in February [4] Group 1: Company Actions - The exchange offer pertains to the remaining shares of Millrose Properties, indicating a strategic move by Lennar to consolidate its holdings [4] - The spin-off of Millrose Properties involved the distribution of approximately 80% of the outstanding class A common stock [4]