Berkshire Hathaway to buy Taylor Morrison for $6.8 billion
Berkshire Hathaway is acquiring homebuilder Taylor Morrison in an all-cash deal valued at approximately $6.8 billion. This marks the first major acquisition under CEO Greg Abel, who took the helm earlier this year. The deal, which includes a 24% premium on Taylor Morrison's share price, is expected to close in the latter half of the year and aims to integrate Berkshire's existing homebuilding operations. AI