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06/29/17Forestar Announces Agreement with D.R. Horton and Terminates Starwood Merger Agreement
AUSTIN, Texas--(BUSINESS WIRE)--Jun. 29, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) announced today that it has entered into a definitive agreement with D.R. Horton, Inc. (“D.R. Horton”) (NYSE: DHI) under which D.R. Horton will acquire 75% of the outstanding shares of Forestar common stock for $17.75 per share in cash. As part of the transaction, Forestar and D.R. Horton will enter into a stockholder’s agreement and a master sup... 
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06/23/17Forestar Board of Directors Determines Unsolicited Proposal from D.R. Horton Constitutes a “Superior Proposal”
Forestar Enters Into Second Amendment to Merger Agreement with Starwood AUSTIN, Texas--(BUSINESS WIRE)--Jun. 23, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) announced today that it had received a revised binding proposal from D.R. Horton, Inc. (“D.R. Horton”) to acquire 75% of the outstanding shares of Forestar common stock for $17.75 per share in cash (an increase from D.R. Horton’s previous offer of $16.25 in cash per share... 
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06/21/17Forestar Announces Amended Merger Agreement with Starwood
AUSTIN, Texas--(BUSINESS WIRE)--Jun. 21, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today announced that it has amended its merger agreement with Starwood Capital Group (“Starwood”) to increase the merger consideration to $15.50 per share in cash. Forestar previously announced that it had entered into a merger agreement with Starwood on April 13, 2017 pursuant to which Starwood would acquire all of the outstanding... 
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06/08/17Forestar Board of Directors Determines Unsolicited Proposal from D.R. Horton Could Reasonably Be Expected to Lead to a “Superior Proposal”
AUSTIN, Texas--(BUSINESS WIRE)--Jun. 8, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) announced today that its board of directors, after consultation with its outside legal and financial advisors, has determined that the unsolicited, nonbinding proposal received on June 5, 2017 from D.R. Horton, Inc. (“D.R. Horton”) to acquire 75% of the outstanding shares of Forestar common stock for $16.25 in cash could reasonably be expected to ... 
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06/05/17Forestar Confirms Receipt of Unsolicited Acquisition Proposal
AUSTIN, Texas--(BUSINESS WIRE)--Jun. 5, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today confirmed that on June 5, 2017 Forestar’s board of directors received an unsolicited, nonbinding proposal from D.R. Horton, Inc. (“D.R. Horton”) to acquire 75% of the outstanding shares of Forestar common stock for $16.25 in cash. Forestar previously announced that it had entered into a merger agreement with Starwood Capital G... 
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04/13/17Forestar Group Inc. to Be Acquired by Starwood Capital Group
AUSTIN, Texas--(BUSINESS WIRE)--Apr. 13, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) with affiliates of Starwood Capital Group (“Starwood”) under which Starwood will acquire all of the outstanding shares of common stock of the Company for $14.25 per share in cash. The total transaction equity value is approximately $605 million. ... 
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03/01/17Forestar Group Inc. Provides Additional Information on Execution of Key Initiatives and Reports Full Year and Fourth Quarter 2016 Results
2016 was a transformative year for Forestar with exceptional progress on its key initiatives. AUSTIN, Texas--(BUSINESS WIRE)--Mar. 1, 2017-- Forestar Group Inc. (NYSE: FOR): 2016 Transformation - Highlights Core Community Development: Sold 1,940 developed residential lots for approximately $68,200 per lot with average gross profit of approximately $23,400 per lot Excludin... 
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02/01/17Forestar Group to Release Fourth Quarter 2016 Results on March 1, 2017
AUSTIN, Texas--(BUSINESS WIRE)--Feb. 1, 2017-- Forestar Group Inc. (NYSE: FOR) will release its results for fourth quarter 2016 on March 1, after the market closes. The company will host a conference call on Thursday, March 2, 2017 at 10:00 a.m. ET to discuss results for fourth quarter 2016. To access the conference call, listeners calling from North America should dial 1-844-634-1445 at least 15 minutes prior to the start of the c... 
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01/05/17Forestar Adopts Tax Benefits Preservation Plan to Preserve Valuable Tax Benefits
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 5, 2017-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today announced that its Board of Directors has adopted a tax benefits preservation plan (the “Plan”) designed to preserve the Company’s ability to utilize its tax attributes, such as built in losses and other tax attributes (collectively, “Tax Benefits”). The Plan is similar to plans adopted by other public companies with significant Tax Benefits... 
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