Berkshire Hathaway agrees to acquire Taylor Morrison for $6.8 billion
Berkshire Hathaway announced a $6.8 billion purchase of Taylor Morrison. The transaction is the first multibillion-dollar deal completed by the new CEO.
Topic cluster
emerging
2 sources grouped by AFBytes in Economy
AFBytes briefing
Large-scale consolidation in homebuilding can influence housing supply, pricing, and construction employment across U.S. markets.
Key entities
- Berkshire
- Berkshire Hathaway
- Hathaway
- Morrison
- Taylor
- Taylor Morrison
What to watch next
- Monitor regulatory filings and shareholder votes for deal completion timeline and any conditions imposed.
- Watch for regulatory filings and shareholder vote dates that will determine the timeline for deal completion.
Berkshire Hathaway to buy Taylor Morrison for $8.5 billion
Berkshire Hathaway agreed to acquire Taylor Morrison Home Corporation in an all-cash deal valued at approximately $8.5 billion. The companies announced the transaction on Sunday.