KB Home (NYSE:KBH) made a winning bid to acquire the Old Olinda School Property in Carbon Canyon from Brea Olinda Unified School District for $6.3 million on May 2, 2016. KB Home (NYSE:KBH) cancelled the offer to acquire Old Olinda School Property in Carbon Canyon from Brea Olinda Unified School District a few months prior to January 27, 2017.