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KB Home buys Dura Builders

  |   June 8, 2004 at 2:22 PM
LOS ANGELES, June 8 (UPI) -- KB Home of California said Tuesday it acquired Indianapolis-based Dura Builders Inc.

Financial terms of the deal were not disclosed.

KB is one of the nation's largest homebuilders. Dura Builders is a privately held homebuilder and delivered approximately 500 homes in 2003 generating just over $75 million in revenue.

© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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