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D.R. Horton completes tender offer for shares of Vidler Water Resources, now owns 77.8% of Vidler's outstanding shares; shares not tendered into offer were cancelled and converted into right to receive cash equal to offer price per share of US$15.75

D.R. Horton to acquire Vidler Water Resources for approximately US$291M, transaction expected to close in Q2; Vidler owns portfolio of premium water rights in markets where D.R. Horton operates that require water for development, but lack adequate supply

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