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To: Elroy Jetson who wrote (54394)	8/7/2006 12:27:10 PM
From: ild	Respond to of 116555

Donald Bren is now worth of $8.7 billion. Richer than Donald Trump or any other real estate owner on the Forbes 400. ocbj.com EDIT: I recall a few years ago he was worth about $2 Bln

To: Elroy Jetson who wrote (54394)	8/7/2006 12:32:19 PM
From: ild	Respond to of 116555

William Lyon Homes Goes Private By Mark Mueller Orange County Business Journal Staff After a tumultuous year and a half, the General has succeeded in taking his company private. William Lyon, chairman and chief executive of Newport Beach-based William Lyon Homes Inc., on Tuesday said that he and two family-controlled trusts completed a buyout of the remaining shares of the homebuilding company they didn’t already own, at $109 apiece. The offer values William Lyon Homes at about $940 million. William Lyon Homes will continue as a privately held company, owned by Lyon and the two trusts, the company said. The General tried unsuccessfully to take the company private last year, offering $82 a share. That bid ultimately was scrapped. He made a second attempt in March. Lyon, who then owned about 75% of the company, initially offered $93 a share for the company. He later upped it to $100 and then to $109. William Lyon Homes is calling it a done deal. It's unclear whether a hedge fund that had contested the privatization bid will contest the privatization in court. British hedge fund Polygon Global Opportunities Master Fund had been bidding up the shares beyond the $109 price, even after the New York Stock Exchange halted trading of the stock in June. Shares were trading at around $150 on the over-the-counter market earlier this week. Polygon has said in prior filings with the Securities and Exchange Commission that it had bought enough shares of the company to thwart Lyon from finishing his buyback bid.

To: Elroy Jetson who wrote (54394)	8/7/2006 12:40:08 PM
From: ild	Read Replies (2) \| Respond to of 116555

Lennar Wants 5,800 More El Toro Homes Homebuilder Now Seeking to Build 9,500 Homes on Former Marine Base ocbj.com Weren't they supposed to decontaminate the place before building houses?