Berkshire Hathaway acquires Taylor Morrison Home for eight billion dollars in first major deal under Greg Abel

Jun 1, 2026, 2:45:06 PM UTC(1 day ago)

Impact: High

Affected Assets

Berkshire Hathaway agreed to acquire Taylor Morrison Home Corp for 72.50 dollars per share in an all-cash transaction valued at approximately 8.5 billion dollars including debt
The deal represents a 24 percent premium over the previous closing price and marks the first major multibillion-dollar acquisition led by new CEO Greg Abel since succeeding Warren Buffett
Taylor Morrison shares surged over 22 percent in morning trading following the announcement while Berkshire utilized a portion of its nearly 400 billion dollar cash reserve
The acquisition is expected to close in the second half of 2026 and will see the Scottsdale-based homebuilder become a private company with its current leadership remaining intact

$TMHC skyrockets after being acquired by Berkshire Hathaway. https://t.co/z9IQGAfbjO