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INDUSTRY NOTES

January 16, 1986

Golden West Homes in Santa Ana has signed a definitive agreement to be merged into GWH Holding Co., a William Lyon Co. subsidiary formed specifically for the acquisition. Lyon's previously announced $12.4 million purchase still must be approved by Golden West shareholders at a special meeting scheduled for March. Golden West is a publicly owned producer of factory-built homes. The Lyon company is a privately held residential home builder and developer based in Newport Beach.

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