PulteGroup founder hires lawyers to oust CEO
Boston
PULTEGROUP Inc's founder and largest stockholder hired lawyers from a shareholder-activism practice, a sign that he'll increase pressure to get Richard Dugas to step down immediately as the homebuilder's chief executive officer.
Bill Pulte retained Steve Wolosky and Aneliya Crawford, partners with Olshan Frome Wolosky LLP and members of its Activist & Equity Investment Practice. The practice has been involved in seeking board representation at …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
DBS puts 46 retail units, HDB shops on market for S$210 million
US mortgage rates jump above 7% for the first time this year
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases