Toll Brothers (TOL -0.6%) outperforms a bit after announcing it's acquiring CamWest, a major...

|About: Toll Brothers Inc. (TOL)|By:, SA News Editor

Toll Brothers (TOL -0.6%) outperforms a bit after announcing it's acquiring CamWest, a major builder of luxury homes in the Seattle area. CamWest owns or controls 1,500 lots, and is expected to have 2011 revenue of roughly $90M. Toll Brothers believes the acquisition will be accretive to its FY12 earnings.