Taylor Morrison Jumps After Berkshire Buys Stake in $8.5 Billion Deal
Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share in cash, a 24% premium to its last close, valuing the builder at $6.8 billion equity, $8.5 billion with debt. Taylor Morrison shares jumped 22% premarket. The deal, Greg Abel’s first as CEO, still needs shareholder and regulatory approval and could close in the second half of 2026. If it fails, shares could drop and a $221.6 million breakup fee applies.