Forestar Group Inc. is a residential and real estate development company with operations in 14 markets in 10 states, where it owns, directly or through joint ventures, interests in 44 residential and mixed-use projects. As of October 5, 2017, Forestar is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States for sixteen consecutive years.
Forestar Appoints Daniel C. Bartok as Chief Executive Officer
|AUSTIN, Texas--(BUSINESS WIRE)--Dec. 21, 2017--
Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced that
Phillip J. Weber, Chief Executive Officer, will step down from this
position effective December 28, 2017 and Daniel C. Bartok has
been appointed Chief Executive Officer of Forestar effective December 29,
2017. Weber plans to assist Forestar in the transition.
Donald J. Tomnitz, Executive Chairman of the Forestar Board, said, “Phil
Notice to Holders of the 3.75% Convertible Senior Notes Due 2020 (CUSIP No. 346232 Ab7) Issued by Forestar Group Inc.
Forestar Announces Fundamental Change and Make-Whole Fundamental Change Relating to Outstanding Convertible Senior Notes
|AUSTIN, Texas--(BUSINESS WIRE)--Oct. 12, 2017--
Forestar Group Inc. (“Forestar”) today announced that it has delivered a
notice to holders of its 3.75% Convertible Senior Notes due 2020 (the
“Notes”), pursuant to the indenture governing the Notes (as
supplemented, the “Indenture”), notifying holders that, as a result of
the merger (the “Merger”) pursuant to the Agreement and Plan of Merger,
dated as of June 29, 2017, among D.R. Horton Inc. (“D.R. Horton”... |
D.R. Horton and Forestar Announce Successful Closing of Merger and Final Election and Allocation Results
|ARLINGTON, Texas & AUSTIN, Texas--(BUSINESS WIRE)--Oct. 5, 2017--
D.R. Horton, Inc. (NYSE: DHI) (“D.R. Horton”), America’s Builder, and
Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced the closing
of D.R. Horton’s previously announced acquisition of approximately 75%
of the currently outstanding shares of Forestar for $17.75 per share in
cash pursuant to a merger of a wholly owned subsidiary of D.R. Horton
with and into Forestar.
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