Berkshire Hathaway recently shifted from being a net seller to a net buyer of stocks under CEO Greg Abel, ramping up purchases including a roughly US$38.00 billion Alphabet stake and acquiring homebuilder Taylor Morrison for about US$6.80 billion. This repositioning concentrates more of Berkshire’s vast portfolio in technology, AI-adjacent infrastructure, and interest-rate‑sensitive housing, marking a clear evolution in its capital allocation playbook after Warren Buffett’s long...
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With the speedy sale completed, Taylor Morrison CMO Stephanie McCarty tells ResiClub what comes next.
The company signaled increased confidence in the housing market with additional investment in builders Lennar and DR Horton.
The conglomerate continued to pare its stake in Bank of America Corp. and now owns 6.8% of the US lender’s shares.
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Greg Abel has been aggressive early in his tenure, suggesting he's ready to deploy more of Berkshire's cash hoard.
Berkshire Hathaway (NYSE:BRK-B) just closed one of the largest deals of Greg Abel’s young tenure as CEO. On July 24, the company completed its acquisition of Taylor Morrison (NYSE:TMHC) for $72.50 per share in cash, a total equity value of roughly $6.8 billion and an enterprise value near $8.5 billion. It is a clear signal […]
Berkshire is banking on a rebound in the housing market.
Greg Abel, who succeeded Warren Buffett as Berkshire's CEO this year, has completed his first acquisition and put his deputies to work.
Berkshire Hathaway has completed its acquisition of Taylor Morrison, making it the fourth largest US homebuilder. CORT, a Berkshire subsidiary, is expanding globally through a deal with Dwellworks Living. These moves increase Berkshire Hathaway's presence in residential construction and global mobility and temporary living services. Berkshire Hathaway (NYSE:BRK.A), trading around $744,999.99 per share, is adding fresh scale and new business lines through these deals. The company already has...
Berkshire Hathaway Inc. and Taylor Morrison today announced the completion of Berkshire Hathaway's acquisition of Taylor Morrison for $72.50 per common share in cash, representing a total equity value for Taylor Morrison of approximately $6.8 billion and total enterprise value of approximately $8.5 billion.
Taylor Morrison Home (NYSE:TMHC) stockholders approved the company’s proposed merger agreement with Berkshire Hathaway Inc. during a special meeting held at 8:00 a.m. Pacific Time, according to remarks from company executives at the meeting. Sheryl Palmer, Taylor Morrison’s chairman and chief execu
Taylor Morrison Home Corporation (NYSE: TMHC) ("TMHC") today announced that its indirect wholly owned subsidiary, Taylor Morrison Communities, Inc. (the "Issuer"), has commenced consent solicitations to amend the indentures (the "Indentures" and, each an "Indenture") governing (i) its 5.75% Senior Notes due 2028 (CUSIP Nos. 87724RAB8 (Rule 144A) / U8760NAB5 (Reg S)) (the "2028 Notes"), (ii) its 5.125% Senior Notes due 2030 (CUSIP Nos. 87724RAJ1 (Rule 144A) / U8760NAF6 (Reg S)) (the "2030 Notes")
Greg Abel's "big" move to buy Taylor Morrison Home is going to a vote, but the biggest risk isn't to Berkshire Hathaway.
While Chinese investors are turning away from America, the conglomerate’s US$6.8 billion cash acquisition could encourage more home sales.
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