Front Yard Residential Corp to be taken private in $2.4 bln deal

Front Yard Residential Corp to be taken private in $2.4 bln deal

Private equity firm Ares Management Corp and investment management firm Pretium on Monday agreed to buy U.S. rental homes owner Front Yard Residential Corp for about $767 million. Front Yard stockholders will get $13.50 per share in cash, a premium of about 35.5% to...