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Beazer Homes USA, Inc. -- Moody's says that Beazer's acquisition of Venture Homes is credit positive, no ratings impact

Moody's Investors Service said that Beazer Homes USA, Inc.'s ("Beazer") announced acquisition of Venture Homes is credit positive given that it improves the company's position in its Atlanta market, however, it does not impact the company's ratings, including its B3 Corporate Family Rating, B3 rating on senior unsecured notes, or the positive rating outlook. The addition of Venture Homes strengthens Beazer's position in the Atlanta market, which has been demonstrating solid demographic fundamentals and where the company is based and operates, and modestly increases its revenue scale to pro forma $2.050 billion as of March 31, 2018.