Oakwood Homes To Be Bought By Clayton Homes

Chicago, IL, Nov. 25--Oakwood Homes Corp., a manufactured homes maker, said on Tuesday it has agreed to be acquired out of bankruptcy by Berkshire Hathaway Inc.'s Clayton Homes unit for about $373 million. The deal, which will be presented as an amendment to the company's bankruptcy reorganization plan, is subject to approval by the company's creditors and the bankruptcy court.

Related Topics:Shaw Industries Group, Inc.

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