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Berkshire Hathaway Buys Taylor Morrison for $8.5 Billion in First Major Move Under Greg Abel

WebProNews·John Marshall·4 months ago
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Warren Buffett stepped away from day-to-day leadership at Berkshire Hathaway at the end of 2025. His successor wasted little time signaling a fresh direction. On May 31, 2026, Berkshire agreed to acquire Taylor Morrison Home Corp. for roughly $8.5 billion in cash. The deal marks one of the first sizable strategic bets by Greg Abel, who became chief executive on Jan. 1. The terms are straightforward. Berkshire will pay $72.50 a share. That represents a 24% premium to Taylor Morrison’s closing price of $58.50 on May 29. Equity value sits near $6.8 billion. Add debt and the enterprise value reaches $8.5 billion. Shares will stop trading once the transaction closes. Sheryl Palmer will stay on as chief executive. The entire management team remains in place. Palmer welcomed the news with clear enthusiasm.…

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