Berkshire Hathaway Buys Taylor Morrison for $8.5 Billion, Expanding Into Site-Built Homes
Updated
Updated · CNBC · May 31
Berkshire Hathaway Buys Taylor Morrison for $8.5 Billion, Expanding Into Site-Built Homes
8 articles · Updated · CNBC · May 31
$72.50-a-share in cash will take Taylor Morrison private in a deal worth about $8.5 billion including debt, with closing expected in the second half of 2026.
Berkshire said the acquisition broadens its housing footprint beyond Clayton Homes and gives it a larger position in site-built homes, where Greg Abel sees room to combine operations over time.
Taylor Morrison, which operates in 12 U.S. states, will keep its existing management team under CEO Sheryl Palmer even after its NYSE listing is removed.
The offer values Taylor Morrison's equity at roughly $6.8 billion and gives shareholders a 24% premium to Friday's $58.50 close, underscoring Berkshire's push to deepen its long-running housing bet.
With recession fears rising, is Berkshire's $6.8B housing bet a brilliant move or a costly misstep?
Can this multi-billion dollar deal survive the government's escalating antitrust crackdown on the housing industry?