LodeHQ
AI news for people who shipFree, by email

US Business · cnbc.com · Monday, 1 June 2026

Berkshire Hathaway buys Taylor Morrison for $6.8B, Greg Abel’s first major deal

Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison for $6.8 billion in cash, paying $72.50 per share—a 24% premium. The deal, one of Greg Abel’s first major strategic moves as CEO, expands Berkshire’s housing portfolio ahead of an expected market recovery.

Read the source: cnbc.com ↗In the 1 June issue →