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United Kingdom

Toll Brothers Announces Acquisition Of Sharp Residential


Monday, 20 May 2019 

May 20 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS ANNOUNCES EXPANSION INTO ATLANTA, GEORGIA MARKET WITH ACQUISITION OF SHARP RESIDENTIAL.PURCHASE PRICE WAS PAID IN CASH.AT DATE OF ACQUISITION, COMPANY HAD APPROXIMATELY $65 MILLION IN BACKLOG CONSISTING OF 125 HOMES WITH AN AVERAGE PRICE OF $520,000.ACQUISITION WILL INCREASE TOLL BROTHERS' SELLING COMMUNITY COUNT BY APPROXIMATELY 10 COMMUNITIES AS OF CLOSING DATE. 

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