Pulte Homes, Inc.
Pulte Homes, Inc is a Bloomfield Hills, MI based company founded by Bill Pulte. Announced on April 8, 2009, Pulte Home…
Pulte Homes, Inc is a Bloomfield Hills, MI based company founded by Bill Pulte. Announced on April 8, 2009, Pulte Homes has agreed to acquire Centex - creating the nation's largest homebuilding company in a stock transaction worth $3.1 billion, including $1.8 billion of debt. The companies said that, after the merger, Pulte shareholders will own 68% of the combined company, and Centex shareholders will own 32%. The two companies said they each have about $1.7 billion in cash, so that the newly combined company will have more than $3.4 billion in liquidity. Pulte completed the acquisition of Centex February 23, 2010. In June 2013, Pulte announced they would move their headquarters to Atlanta, Georgia, citing a better economic climate outside of Metro Detroit. Pulte's company motto is "Homeowner for Life," signifying that their business goals are to provide first time homeowners with their first homes and work them up through their signature communities up to an estate size home and even to their retirement homes.