Forestar Group Inc.

FORESTAR GROUP INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Investigates Sale to Starwood Capital Group

DALLAS--(BUSINESS WIRE)--

Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Forestar Group Inc. (“Forestar”) (NYSE: FOR) concerning the sale to Starwood Capital Group. Under the terms of the agreement, Forestar shareholders will only receive $14.25 for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst’s estimated value of $16.00 per share.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at [email protected] or by calling (888) 809-2750. There is no cost or fee to you.

The investigation centers on whether Forestar’s Board of Directors is acting in the shareholders’ best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of the stock could be as high as $16.00.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

EN
17/04/2017

Underlying

Forestar Group Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Forestar Group Inc.

 PRESS RELEASE
Free
Forestar Group ...

Forestar Announces Strategic Asset Sale to Starwood Capital Group for ...

AUSTIN, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced a strategic asset sale for $232 million to a joint venture between an affiliate of Starwood Capital Group (“Starwood”), a leading global private investment firm, and an affiliate of Land Strategies Management (DBA Starwood Land Advisors). The strategic sale includes 20 legacy community development projects owned both directly and indirectly through ventures primarily consisting of approximately 750 developed and under development lots and ove...

February 8, 2018 1 EN
 PRESS RELEASE
Free
Forestar Group ...

Forestar Financial Information to Be Included in D.R. Horton’s Earni...

AUSTIN, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (“Forestar”) (NYSE: FOR) announced that as a majority-owned subsidiary of D.R. Horton, Inc. (“D.R. Horton”) (NYSE:DHI), the earnings release for D.R. Horton’s first quarter ended December 31, 2017 is expected to include select preliminary Forestar financial information. D.R. Horton is scheduled to release its earnings on Wednesday, January 31, 2018 before the market opens. D.R. Horton will host a conference call that same morning at 8:30 a.m. Eastern Time (ET), which is expec...

January 18, 2018 1 EN
 PRESS RELEASE
Free
Forestar Group ...

Forestar Announces Fundamental Change and Make-Whole Fundamental Chang...

AUSTIN, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (“Forestar”) today announced that it has delivered a notice to holders of its 3.75% Convertible Senior Notes due 2020 (the “Notes”), pursuant to the indenture governing the Notes (as supplemented, the “Indenture”), notifying holders that, as a result of the merger (the “Merger”) pursuant to the Agreement and Plan of Merger, dated as of June 29, 2017, among D.R. Horton Inc. (“D.R. Horton”), Force Merger Sub, Inc. and Forestar, a “Fundamental Change” and a “Make-Whole Fundamental Chan...

October 12, 2017 1 EN
 PRESS RELEASE
Free
Forestar Group ...

Forestar Announces Stockholders’ Approval of Merger Agreement With D...

AUSTIN, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced that its stockholders, at a special meeting held earlier today, overwhelmingly voted in favor of the proposal to adopt the previously announced merger agreement by and among D.R. Horton, Inc. (NYSE: DHI) (“D.R. Horton”), Forestar and Force Merger Sub, Inc. (the “merger agreement”), pursuant to which D.R. Horton has agreed to acquire approximately 75% of the currently outstanding shares of Forestar. The affirmative vote of holders of ...

October 3, 2017 1 EN
 PRESS RELEASE
Free
Forestar Group ...

D.R. Horton and Forestar Announce Final Merger Consideration Election ...

ARLINGTON, Texas & AUSTIN, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI) (“D.R. Horton”), America’s Builder, and Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced the final results of the elections made by Forestar stockholders regarding the form of merger consideration they wish to receive in connection with D.R. Horton’s pending acquisition of approximately 75% of the currently outstanding shares of Forestar pursuant to that certain merger agreement by and among D.R. Horton, Forestar and Force Merger Sub, Inc. (the ...

October 2, 2017 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch