business / news / / New York Post
Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corp. in an all-cash deal valued at about $8.5 billion.
Berkshire Hathaway will acquire Taylor Morrison Home Corp. for $8.5 billion in an all-cash deal.
KEY POINTS
- The $72.50 per share offer is a 24% premium over Taylor Morrison's last stock price.
- This move expands Berkshire's housing interests from manufactured homes into the site-built home market.
- Taylor Morrison will remain under current management and become a privately held Berkshire subsidiary.
COMPANIES
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