UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 16, 1998
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MERITAGE CORPORATION
(Exact name of registrant as specified in its charter)
Maryland 1-9977 86-0611231
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6613 North Scottsdale Road, Suite 200, Scottsdale, Arizona 85250
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (602) 998-8700
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MONTEREY HOMES CORPORATION
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(Former name or former address, if changed since last report.)
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Item 5. Other Events
On September 16, 1998, the Stockholders of the Company approved a proposal
to change the Company's name to Meritage Corporation. The name change became
effective as of September 17, 1998. The name change is more fully described in
the press release included herein as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibit 99.1 Press Release dated September 16, 1998 Filed
herewith.
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<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
MERITAGE CORPORATION
Date: October 12, 1998 By: /s/ Steven J. Hilton
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Steven J. Hilton
Managing Director
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Contacts: ARIZONA: TEXAS:
Larry Seay Jane Hays Joseph Kist
Vice President/ Vice President Corp. Broadgate Consultants
Finance & CFO Development (212) 232-2222
(602) 998-8700 (972) 612-8085
MONTEREY HOMES CHANGES COMPANY NAME
TO MERITAGE CORPORATION
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PHOENIX, Arizona AND DALLAS, Texas, SEPTEMBER 16, 1998 -- Monterey Homes
Corporation (NYSE: MTH) is pleased to announce that its new corporate name has
been overwhelmingly approved at a Special Shareholders' Meeting held today in
Phoenix, Arizona.
Effective today, the Company will be known as Meritage Corporation, and its
shares will continue to trade on the New York Stock Exchange under its existing
ticker symbol of "MTH."
In reference to the new corporate name, John Landon, Managing Director of
Meritage Corporation, said, "We're excited about our new name and our new
identity. The name comes from the practice of blending fine ingredients to
create a superior result, which we believe is representative of what we've
accomplished by uniting the operations and resources of Monterey Homes, Legacy
Homes and, most recently, Meritage Homes of Northern California (formerly known
as Sterling Communities) under one corporate structure."
Monterey Homes will continue to be the brand name for the distinctive
semi-custom luxury and move-up homebuilding operations in the Phoenix and
Tucson, Arizona areas; and the move-up and entry-level home building operations
in the Dallas/Ft. Worth, Austin and Houston, Texas areas will continue under the
Legacy Homes brand name. The Company plans to continue its growth through
strategic acquisition and select start-up opportunities.
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