- This marks Greg Abel's first major deal as Berkshire CEO, expanding housing presence
- Taylor Morrison to operate as private entity post-deal subject to approvals
Taylor Morrison Home to be acquired by Berkshire Hathaway (BRK.A) for 72.50 per share
- Taylor Morrison agreed to be acquired by Berkshire Hathaway for $72.50 per share in cash, valuing the company at approximately $6.8 bln equity value and $8.5 bln enterprise value.
- The offer represents a 24% premium to Taylor Morrison's May 29 closing price of $58.50.
- Berkshire plans to combine Taylor Morrison with its existing housing and building products operations, expanding its presence in U.S. homebuilding.
- Taylor Morrison's management team, including CEO Sheryl Palmer, is expected to remain in place following the transaction.
- The deal is expected to close in H2 2026, subject to shareholder approval and customary regulatory clearances.
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