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Berkshire Hathaway to Acquire Taylor Morrison in $6.8 Billion Homebuilding Deal

Berkshire Hathaway to Acquire Taylor Morrison in $6.8 Billion Homebuilding Deal. Source: No Swan So Fine, CC BY-SA 4.0, via Wikimedia Commons

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.B) has announced an agreement to acquire U.S. homebuilder Taylor Morrison Home Corporation (NYSE: TMHC) in a cash deal valued at approximately $6.8 billion. The acquisition marks a significant expansion of Berkshire Hathaway’s footprint in the residential housing market and reinforces its long-term commitment to the U.S. housing sector.

Under the terms of the agreement, Berkshire Hathaway will pay $72.50 per share in cash for Taylor Morrison, representing a premium of roughly 24% over the company’s closing stock price of $58.50 on May 29, 2026. Including outstanding debt, the transaction places Taylor Morrison’s total enterprise value at around $8.5 billion.

The acquisition adds one of the nation’s leading homebuilders to Berkshire Hathaway’s growing portfolio of housing-related businesses. Berkshire already owns Clayton Homes, a major manufactured housing company, along with several building products and construction-related operations. The addition of Taylor Morrison further strengthens Berkshire’s position across multiple segments of the U.S. housing market.

Headquartered in Scottsdale, Arizona, Taylor Morrison operates more than 350 communities across 21 markets in 12 states. The company serves a wide range of homebuyers, including first-time buyers, move-up purchasers, and luxury or resort-style homeowners. In addition to traditional homebuilding, Taylor Morrison develops rental communities through its Yardly brand and offers mortgage, title, and insurance services.

Taylor Morrison President and CEO Sheryl Palmer welcomed the deal, noting that Berkshire Hathaway’s patient investment strategy aligns well with the long-term nature of the homebuilding industry. She emphasized that the partnership is expected to support the company’s future growth and operational stability.

The transaction is anticipated to close during the second half of 2026, subject to shareholder approval and customary regulatory reviews. Once finalized, Taylor Morrison will become a privately held company, and its shares will be delisted from the New York Stock Exchange. The current management team, including Palmer, is expected to remain in place and continue leading the business after the acquisition is completed.

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