Lennar Announces Extension of Expiration Date of Exchange Offer

MIAMI, Oct. 31, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that as a result of the ongoing U.S. federal government shutdown, it is extending the expiration date for its previously announced offer to exchange the approximately 20% it owns of the total outstanding shares of Millrose Properties, Inc. (NYSE: MRP) ("Millrose") for outstanding shares of Lennar Class A common stock (the "Exchange Offer"). The Exchange Offer, which had been scheduled to expire at 12:00 midnight, New York City time, on November 7, 2025, will now expire at 12:00 midnight, New York City time, on November 14, 2025 (the "Expiration Date").

Read more at prnewswire.com