Meritage investors increase stake to 8.5%

By Lisa Kerner

Charlotte, N.C., Aug. 16 - Meritage Homes Corp. investors led by Fulcrum Homes and Southwest Value Partners Fund XIV, LP purchased 1,735,00 shares of the company's stock between June 7 and Aug. 16 priced from $15.90 to $32.55 each.

The reporting persons own 2,235,300 shares, or 8.5%, of the Scottsdale, Ariz., homebuilder, according to a schedule 13D filing with the Securities and Exchange Commission.

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