Stanley Martin Homes to Acquire United Homes Group
RESTON, Va. & COLUMBIA, S.C.--(BUSINESS WIRE)--Stanley Martin Homes, LLC ("Stanley Martin†) and United Homes Group, Inc. (NASDAQ: UHG) ("United Homes†) today announced that they have entered into a definitive agreement under which Stanley Martin will acquire United Homes in an all- cash transaction that represents an enterprise value of approximately $221 million. Under the terms of the agreement, United Homes shareholders will receive $1.18 per share in cash. The transaction is expected to close in the ...