February 9 - MarketWatch.com - Merger-and-acquisition activity in the home-building industry has ground to a standstill, but companies continue to eye deals and will likely kick off a "frenzy" of transactions late this year or early in 2008, an M&A expert said Friday at the International Builders Show.
Home-building firms have been cutting back their land positions, limiting exposure to overheated markets and adding cash to balance sheets since the housing market went into decline last year, positioning themselves for recovery, said Jody Kahn, who works with Michael P. Kahn & Associates in Ponte Vedra Beach, Fla. The firm has been involved in 86 home-building M&A deals. Read More.
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