The agreement, announced Sunday, represents a significant deployment of Berkshire’s $380.2 billion cash reserve. Under the terms, shareholders will receive $72.50 per share, well above the $58.50 market close recorded last Friday. Greg Abel, who assumed the chief executive role in 2026, intends to integrate the Scottsdale-based homebuilder with existing assets like Clayton Homes, Acme Brick, and Benjamin Moore.
Berkshire Hathaway to acquire Taylor Morrison for $6.8 billion
A 24% premium on Taylor Morrison’s closing stock price signals Greg Abel’s first major acquisition as Berkshire Hathaway CEO. The $6.8 billion cash deal, valued at $8.5 billion including debt, marks a strategic pivot to consolidate the conglomerate’s sprawling residential construction and real estate footprint under a single unified platform.
Taylor Morrison CEO Sheryl Palmer will remain at the helm, overseeing operations across 12 states. The company, which currently ranks as the sixth-largest U.S. homebuilder, produced $782.5 million in net income on $8.12 billion in revenue during 2025. The transition is slated for completion in the second half of 2026, contingent upon regulatory clearances and shareholder approval. This move follows the recent $9.5 billion acquisition of Occidental Petroleum’s chemicals business, further cementing Abel's aggressive approach to industrial expansion.
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