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00:02Berkshire Hathaway agreed Sunday to acquire homebuilder Taylor Morrison Home
00:06in a $6.8 billion deal, paying $72.50 per share in cash, according to CNBC.
00:13The offer represents a 24% premium to Taylor Morrison's closing price on May 29th
00:18and values the company at about $8.5 billion, including debt.
00:23The deal marks one of the first major strategic moves under CEO Greg Abel,
00:27who took over at the start of 2026.
00:30The acquisition is expected to close in the second half of 2026.
00:34Berkshire, which holds a cash hoard nearing $400 billion,
00:37already owns Clayton Homes, several building product companies,
00:41and Berkshire Hathaway Home Services.
00:43The company's last major deal was a $9.7 billion purchase of OxyChem in October.
00:48For all things money, visit Benzinga.com.
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