Berkshire Hathaway to acquire homebuilder Taylor Morrison for $6.8bn ($72.50/share) in first deal under Abel

Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison Home Corp for $72.50 per share in cash, a transaction with an equity value of about $6.8 billion and a total enterprise value of roughly $8.5 billion including debt. The price represented about a 24% premium to Taylor Morrison's prior close (cited near $58.50 on May 29). The deal is the first major acquisition under Berkshire chief executive Greg Abel, who took over operational leadership in January 2026, with Warren Buffett remaining chairman; analysts read it as a vote of confidence in the US housing market at a time of elevated mortgage rates.

Taylor Morrison chief executive Sheryl Palmer and the existing management team are to be retained, and the company — which generated about $8.1 billion in revenue in 2025 and operates across roughly 12 US states under three brands — would join Berkshire's housing portfolio alongside Clayton Homes. The acquisition is expected to close in the second half of 2026, subject to Taylor Morrison shareholder approval and customary regulatory clearances; Taylor Morrison filed proxy/8-K materials with the SEC. Reporting noted the move would position Berkshire among the largest US residential homebuilders.

One real-estate trade outlet headlined the transaction at $8.5bn, reflecting enterprise value versus the $6.8bn equity value in the companies' filings. The all-cash structure draws on Berkshire's large cash pile and signals continued appetite for domestic, cash-generative businesses under the post-Buffett leadership transition.