Berkshire to buy Taylor Morrison Homes in $6.8 billion deal
Digest more
The Omaha, Nebraska-based company will pay $72.50 a share in cash for Taylor Morrison. The acquisition marks one of the first major strategic deals under Warren Buffett's successor, Greg Abel, who took over as CEO in the beginning of 2026. Buffett lauded ...
Berkshire’s $6.8B Taylor Morrison deal signals value in profitable homebuilders. Green Brick offers superior profitability. Smith Douglas delivers rapid operational efficiency. See more.
StockStory.org on MSN
Why is Taylor Morrison Home (TMHC) stock soaring today?
What Happened? Shares of homebuilder Taylor Morrison Home (NYSE:TMHC) jumped 22.2% in the afternoon session after Berkshire Hathaway announced it would acquire the homebuilder for $72.50 per share in an all-cash deal.
Most home-building stocks have been weak in the past year, with Taylor Morrison trading near a 52-week low on Friday.
Berkshire Hathaway's ( BRK.A) ( BRK.B) agreement to acquire Taylor Morrison Home ( TMHC) in an $8.5B all-cash deal has renewed investor focus on the U.S. homebuilding sector, even as elevated mortgage rates and affordability concerns continue to weigh on housing demand.