Centex Completes Acquisition of 3333 Holding Corp. and Centex Development Company, L.P.
2004年3月1日 - 10:30PM
PRニュース・ワイアー (英語)
Centex Completes Acquisition of 3333 Holding Corp. and Centex
Development Company, L.P. DALLAS, March 1 /PRNewswire-FirstCall/ --
Centex Corporation announced today that it has completed the
previously-announced acquisition of 3333 Holding Corporation
(Holding) and Centex Development Company, L.P. (CDCLP) through
mergers with Centex subsidiaries. The mergers were approved by
Centex stockholders and holders of beneficial interests in Holding
at a special joint meeting of stockholders held on February 25,
2004. This transaction terminates the tandem trading relationship
of Centex's common stock with Holding's and CDCLP's securities. For
their interests in the securities of Holding and CDCLP, Centex
Corporation stockholders of record on Feb. 29, 2004 will receive an
amount equal to $0.02 per share of Centex common stock, payable on
March 10, 2004. Through its subsidiaries, Dallas, Texas-based
Centex is one of the nation's leading single-family home builders,
non-bank-affiliated retail mortgage originators and general
building contractors and also has operations in home services and
investment real estate. Forward-Looking Statements. This press
release contains forward-looking statements within the meaning of
Section 27A of the SecuritiesAct of 1933, Section 21E of the
Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be
identified by the context of the statement and generally arise when
the Company is discussing its beliefs, estimates or expectations.
These statements are not guarantees of future performance and
involve a number of risks and uncertainties. Actual results and
outcomes may differ materially from what is expressed or forecast
in such forward-looking statements. The principal risks and
uncertainties that may affect the Company's actual performance and
results of operations include the following: general economic
conditions and interest rates; the cyclical and seasonal nature of
the Company's businesses; adverse weather; changes in property
taxes and energy costs; changes in federal income tax laws and
federal mortgage financing programs; governmental regulation;
changes in governmental and public policy; changes in economic
conditions specific to any one or more of the Company's markets and
businesses; competition; availability of raw materials; and
unexpected operations difficulties. Other risks and uncertainties
may also affect the outcome of the Company's actual performance and
resultsof operations. These and other factors are described in the
Company's most recent Annual Report on Form 10-K for the fiscal
year ended March 31, 2003, and the Company's Quarterly Report on
Form 10-Q for the quarters ended June 30, 2003, September 30, 2003,
and December 31, 2003, which are filed with the Securities and
Exchange Commission. CPLBF DATASOURCE: Centex Corporation CONTACT:
Leldon E. Echols, Executive Vice President & Chief Financial
Officer, or Matthew G. Moyer, Vice President - Investor Relations,
both of Centex Corporation, +1-214-981-5000 Web site:
http://www.centex.com/
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