Tag

Taylor Morrison

All articles tagged with #taylor morrison

Berkshire to Take Taylor Morrison Private in $8.5 Billion Homebuilder Buyout
business3 days ago

Berkshire to Take Taylor Morrison Private in $8.5 Billion Homebuilder Buyout

Berkshire Hathaway will acquire Taylor Morrison Home Corporation in an all-cash deal with a total enterprise value of about $8.5 billion, paying $72.50 per share (a 24% premium to the May 29 close). Equity value is roughly $6.8 billion, and Taylor Morrison will delist from the NYSE to join Berkshire’s private portfolio. Sheryl Palmer is expected to stay on as CEO, and completion is anticipated in the second half of 2026 after shareholder and regulatory approvals. The deal expands Berkshire’s housing platform and follows Greg Abel’s leadership of the transaction, with Buffett noting Abel’s efficiency.

Berkshire Bets on U.S. Housing With $6.8B Taylor Morrison Buy
business3 days ago

Berkshire Bets on U.S. Housing With $6.8B Taylor Morrison Buy

Berkshire Hathaway agreed to acquire Taylor Morrison Home for $6.8 billion in cash, paying $72.50 per share and valuing the company at about $8.5 billion including debt. The deal, expected to close in the second half of 2026, is one of the first major moves under new CEO Greg Abel and signals Berkshire’s bet on a housing-market recovery, leveraging its extensive homebuilding footprint.

Berkshire Hathaway to acquire Taylor Morrison for $8.5 billion in all-cash deal
business4 days ago

Berkshire Hathaway to acquire Taylor Morrison for $8.5 billion in all-cash deal

Berkshire Hathaway will acquire Taylor Morrison Home Corporation in an all-cash deal at $72.50 per share, valuing equity at about $6.8 billion and enterprise value at about $8.5 billion—a 24% premium to Taylor Morrison’s May 29, 2026 close. The transaction, expected to close in the second half of 2026, will take Taylor Morrison private and keep its management in place, with Berkshire aiming to eventually unify its site-built homebuilding operations under one platform.

Homebuilders rally on investor-funded 'Trump Homes' affordability plan
business4 months ago

Homebuilders rally on investor-funded 'Trump Homes' affordability plan

Lennar and Taylor Morrison rose about 4% after Bloomberg reported they’re among builders weighing a large, investor-funded 'Trump Homes' program to ease housing affordability, potentially offering up to a million homes with tenants’ payments counting toward a future down payment; the White House said the plan is not actively being considered.