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M/I Homes closes Pinnacle Homes acquisition

U.S. homebuilder M/I Homes Inc. closed its acquisition of the residential homebuilding assets and operations of Detroit homebuilder Pinnacle Homes of Michigan LLC.

According to an earlier release, Pinnacle founder Howard Fingeroot will become M/I Homes' area president for Detroit.

The deal, details of which were not disclosed, marks M/I Homes' entry into the Detroit market.