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
April 20, 1998
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(Date of Report--Date of Earliest Event Reported)
D. R. Horton, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-14122 75-2386963
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(State or Other Jurisdiction) (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1901 Ascension Boulevard, Suite 100, Arlington, Texas 76006
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(Address of Principal Executive Offices)
(817) 856-8200
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events.
On April 20, 1998, D. R. Horton, Inc. (the "Registrant") announced that the
stockholders of Registrant and Continental Homes Holding Corp. ("Continental")
have approved the merger of Continental into Registrant, and the merger became
effective on April 20, 1998. Continental stockholders will receive 2.25 shares
of Registrant's common stock in exchange for each share of Continental common
stock. Exchange instructions and letters of transmittal will be mailed to
Continental stockholders shortly.
The announcement was made by means of a news release attached hereto as Exhibit
99.1 and incorporated herein by reference.
<PAGE>
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 News release dated April 20, 1998.
SIGNATURE
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.
Date: April 20, 1998
D. R. Horton, Inc.
By:/s/ Charles N. Warren
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Charles N. Warren
Senior Vice President
[GRAPHIC OMITTED]
Exhibit 99.1
PRESS RELEASE
FOR MORE INFORMATION CONTACT: David J. Keller, EVP
ADDRESS: 1901 Ascension Blvd., Suite 100, Arlington, TX 76006
PHONE: (817) 856-8200
DATE: April 20, 1998 FOR IMMEDIATE RELEASE
D.R. HORTON, INC./CONTINENTAL HOMES MERGER CONSUMMATED
ARLINGTON, TEXAS -- D.R. Horton, Inc. (NYSE:DHI) Monday (April 20, 1998)
announced stockholders of D.R. Horton, Inc. and Continental Homes Holding Corp.
(NYSE:CON) have approved the merger of Continental into Horton, and the merger
became effective on April 20, 1998. Continental stockholders will receive 2.25
shares of Horton common stock in exchange for each share of Continental common
stock. Exchange instructions and letters of transmittal will be mailed to
Continental stockholders shortly.
D.R. Horton, Inc., one of the largest companies in the homebuilding
industry, is engaged in the construction and sale of high-quality, single-family
homes designed principally for the entry- level and move-up markets. The Company
builds and sells homes in 21 states and 36 markets, with a geographic presence
in the Midwest, Mid-Atlantic, Southeast, Southwest, and Western regions of the
United States.
WEBSITE ADDRESS: http://www.DRHORTON.com
