News: Berkshire Hathaway acquires Taylor Morrison

Scottsdale, ARIZONA and Omaha, NEBRASKA (PRNewswire) -- Taylor Morrison Home Corporation (NYSE: TMHC) and Berkshire Hathaway Inc. (NYSE: BRK.A, NYSE: BRK.B) have entered into a definitive agreement under which Berkshire Hathaway will acquire Taylor Morrison for $72.50 per common share in cash. This transaction implies a total equity value of approximately $6.8 billion and a total enterprise value of roughly $8.5 billion. The agreed purchase price reflects a 24% premium to Taylor Morrison’s most recent closing share price of $58.50, underscoring the strategic value and confidence Berkshire Hathaway places in Taylor Morrison’s homebuilding platform, brand, and long-term growth prospects.

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