Dream Finders Sharply Raises Its Offer to Buy Beazer Homes

Dream Finders Homes pushed its takeover bid for Beazer Homes to $32 per share on July 8—worth $875 million total, and $171 million more than before. The price is 70% higher than Beazer's stock price a moment ago. That's unusually generous; companies buying rivals typically pay 20–40% premiums. The move suggests either a rival bidder or a pressure play. Beazer's board hasn't said yes yet.