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0 0 0 0.000252355316285339 3.36473755046322E-06 0.00437415881561235 0.0218707940780619 0.0121803499327052
Stock impact report

Millrose Properties, Inc. Comments on Completion of Lennar Exchange Offer

Millrose Properties, Inc. Class A (MRP) 
Company Research Source: Business Wire
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) ("Millrose" or the "Company") today issued the following statement in connection with the completion of Lennar Corporation's (NYSE: LEN and LEN.B) (“Lennar”) previously disclosed offer to exchange shares of Millrose Class A common stock for shares of Lennar Class A common stock."The completion of this exchange represents an important milestone in Millrose's evolution as an independent public company, further diversifying our shareholder base and increasing liquidity in our stock,” said Darren Richman, Chief Executive Officer and President of Millrose. “The significant oversubscription demonstrates strong market confidence in our permanent capital solution for homebuilders and our growth trajectory. Lennar remains our founding and cornerstone partner, providing consistent demand for finished homesite inventory as we continue expanding our platform to serve a diversified network of top-tier homebuilders."Millrose was crea Show less Read more
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