Dream Finders proposes to acquire Beazer Homes for $25.75/share all-cash, ~40% premium

Dream Finders Homes, Inc.

Dream Finders submitted proposal on May 5, 2026 to acquire Beazer at $25.75/share, equity value ~$704 million.
Offer represents ~40% premium to Beazer's May 5 closing price and 25% premium to 30-day VWAP.
Beazer board rejected proposal and refuses to engage; Dream Finders urges shareholders to press for talks.
Financing letters from Goldman Sachs, BofA, Kennedy Lewis provide high confidence on funding.
Dream Finders highlights Beazer's chronic underperformance across margins, growth, and returns vs. peers.

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