TRI Pointe's big deal and the 'lessons learned' ... Part Deux

In home building, as in many a field prone to manias and bubbles, a term like "lessons learned" is fraught. As money, land, and talent vector a manic geo-locational pursuit of what will work versus what will fail in a juiced-up mergers and acquisition deal flow, the term--fraught and freighted with irony as it is--arises again. It's M&A game on. Question is, have lessons been learned?

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