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Title
Pulte Homes and Centex to merge.
Abstract
The article reports on the plan of Pulte Homes Inc. and Centex Corp. to merge in the U.S. It is revealed that the two companies intend to merge to create the largest home building company in the country. It is stated that the plan has been approved by the boards of directors at both companies. The merge is subject to shareholder approval and customary closing conditions and regulatory approvals.