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Security Profile
- Security Type
- Common Stock
- CUSIP
- 392709101 (prev. 09064Y109 )
- Market Cap
- Large Cap
- Previous Symbol
- BIOF (changed 10/28/2014)
- Previous Name
- BioFuel Energy Corp.
Business: Green Brick Partners, is a diversified homebuilding and land development company that currently operates in Texas, Georgia, Colorado, and Florida.
Notes: October 27, 2014 -- Green Brick Partners, Inc. (NASDAQ:GRBK), formerly known as BioFuel Energy Corp.) announced today that it has completed its previously announced acquisition of the equity interests of JBGL Builder Finance, LLC and certain subsidiaries of JBGL Capital, LP from certain affiliates of Greenlight Capital, Inc. and James R. Brickman. The purchase price for the Acquisition was $275 million, which consisted of approximately $191.8 million in cash with the remainder in 11,108,500 shares of Green Brick common stock valued at $7.49 per share pursuant to the terms of the Acquisition. After consummation of the Acquisition, Greenlight owns approximately 49.9% of the Company’s outstanding common stock and James R. Brickman, along with certain family members and trusts affiliated with Mr. Brickman, owns approximately 8.4% of the Company’s outstanding common stock. In connection with the Acquisition, the Company changed its name to Green Brick Partners, Inc. Green Brick’s common stock will start trading on The Nasdaq Capital Market under the symbol, GRBK, on October 28, 2014.
Company Contact
- CEO
- James R. Brickman
- CFO
- Richard A. Costello
- Headquarters
- 5501 Headquarters Drive, Suite 300W, Plano, TX 75024
- Phone
- 469-573-6755
- Investor Relations
- 469-573-6755 · IR@greenbrickpartners.com