Home builders begin to see the advantages of consolidation

Article Abstract:

As Kaufman & Broad Home Corp. acquires Lewis Homes for $409 million, the industry takes a new look at this untraditional business move in what has been considered an entrepreneurial area. Lewis, privately held by four brothers, has been the leader in California and Nevada new home construction. The company now looks forward to the economies of scale this acquisition will provide it. Kaufman & Broad is trying a new strategy like Dell Computers, build to order instead of build and then try to sell. The company plans to build 21,000 homes in 1999.

Asset sales & divestitures, Strategy & planning, Acquisitions & mergers, Single Family Housing Construction, Single-family housing construction, 1-Family Housing, Construction industry, Residential construction, Mergers, acquisitions and divestments, Column, Abstract, KBH, Single family housing, KB Home Corp., Lewis Homes

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'South Park' creators plan cartoon series for the Web

Article Abstract:

Matt Stone and Trey Parker, the creators of the television cartoon 'South Park,' will produce a series of 39 short cartoons to be distributed by Shockwave.com, a Web site run by Macromedia Inc. The two cartoonists will receive equity of less than ten percent in Shockwave.com and will retain the copyrights to their work.

On-Line Information Services, Use of services, Videotex & Teletext, Contracts & orders received, Telegraph & other communications, Online services, Internet services, Contracts, Macromedia Inc. (San Francisco, California), Parker, Trey, Stone, Matt, Cooperative agreement for product distribution

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