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Stock Market & Financial Investment News

News Breaks
July 1, 2014
09:09 EDTAMHAmerican Homes 4 Rent completes acquisition of Beazer Pre-Owned Rental Homes
American Homes 4 Rent announced that it has completed the acquisition of Beazer Pre-Owned Rental Homes. The acquisition adds more than 1,300 homes located in markets in Arizona, California, Florida and Nevada to the Company's portfolio. The acquisition was completed through a tax-free merger of Beazer Rental Homes with a newly formed merger subsidiary of the Company. The merger consideration consisted of approximately 8.2M AMH common shares plus up to $5.0M cash held in an indemnification escrow. In addition, following the acquisition, the Company assumed and repaid certain liabilities of Beazer Rental Homes, including approximately $112.8M outstanding under Beazer Rental Homes' credit agreement.
News For AMH From The Last 14 Days
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March 23, 2015
10:00 EDTAMHOn The Fly: Analyst Upgrade Summary
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08:12 EDTAMHAmerican Homes 4 Rent upgraded at Morgan Stanley
As previously reported, Morgan Stanley upgraded American Homes 4 Rent to Overweight from Equal Weight. The firm upgraded shares based on valuation, superior scale and access to capital, and under appreciated growth potential and cash flows. Price target raised to $21 from $20.
06:41 EDTAMHAmerican Homes 4 Rent upgraded to Overweight at Morgan Stanley
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