Investors | News Releases | Beazer Homes USA, Inc. Terminates Section 382 Stockholder Rights Plan

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Beazer Homes USA, Inc. Terminates Section 382 Stockholder Rights Plan

January 7, 2010 at 4:12 PM EST
ATLANTA, Jan 07, 2010 (BUSINESS WIRE) -- Beazer Homes USA, Inc. (the "Company") (NYSE: BZH) (www.beazer.com) today announced that it has amended the Company's Section 382 Stockholder Rights Plan (the "Rights Plan") to advance its expiration date. As a result of the amendment, the Rights Plan and the associated rights expired effective at 9:00 a.m. (Eastern Time) on January 7, 2010 and are of no further force or effect. The amendment to the Rights Plan will be filed by the Company with the Securities and Exchange Commission on a Current Report on Form 8-K.

Beazer Homes USA, Inc., headquartered in Atlanta, is one of the country's ten largest single-family homebuilders with continuing operations in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, New Jersey, New Mexico, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."

SOURCE: Beazer Homes USA, Inc.

Beazer Homes USA, Inc.
Jeffrey Hoza, 770-829-3700
Vice President, Treasurer
jhoza@beazer.com