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BRIEF-Pultegroup announces plans to sell select non-core assets following strategic review of its land portfolio
May 8, 2017 / 9:27 PM / 3 months ago

BRIEF-Pultegroup announces plans to sell select non-core assets following strategic review of its land portfolio

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May 8 (Reuters) - PulteGroup Inc

* PulteGroup announces plans to sell select non-core assets following a strategic review of its land portfolio

* PulteGroup Inc says company expects to recognize a pre-tax impairment charge in range of $95 million to $125 million in Q2 ending June 30, 2017

* PulteGroup will sell some currently inactive land parcels, representing about 4,600 lots, work to monetize 2 small communities representing additional 400 lots

* Says expects to recognize a pre-tax impairment charge in range of $95 million to $125 million in Q2 ending June 30, 2017 Source text for Eikon: Further company coverage:

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