Government Shutdown Halts Lennar’s Acquisition Timeline

The ongoing budget impasse in Washington has created unexpected complications for Lennar Corporation, with the leading US homebuilder forced to postpone a significant stock exchange agreement. Despite these political headwinds, the company’s shares have demonstrated notable resilience in recent trading sessions.

At the heart of the delay is Lennar’s exchange offer for Millrose Properties shares, which has seen its deadline pushed from November 14, 2025, to November 21, 2025. This extension stems directly from the government shutdown, which has prevented the Securities and Exchange Commission from processing essential registration documents.

The transaction involves approximately 20 percent of Millrose Properties’ outstanding shares, which are slated to be exchanged for Lennar common stock. Finalizing Read more...