Berkshire Hathaway to buy Taylor Morrison for US$6.8 billion in cash to expand in housing - BNN Bloomberg
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0.40 · CENTER
ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
0.200 · CENTER
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Article Excerpt
Berkshire Hathaway agreed on Sunday to buy Taylor Morrison Home Corp for US$6.8 billion in cash, expanding the conglomerate’s housing business.
The transaction is Berkshire’s first multi-billion-dollar acquisition since Greg Abel became chief executive at the start of 2026, replacing Warren Buffett, who remains chairman.
It also lets Abel spend some of Berkshire’s cash hoard, which ended March at $380.2 billion. Abel also oversees most of Berkshire’s common stock portfolio, led by Apple AAPL.O and including a growing stake in Google parent Alphabet GOOGL.O.
Berkshire agreed to pay $72.50 pe…
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