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Berkshire Hathaway will pay $50 per share in cash to buy Taylor Morrison, a homebuilder with more than 350 communities in 12 states. The deal is expected to close in the second half of 2026.
nypost.comBerkshire Hathaway agreed to acquire Taylor Morrison Home Corp. for $5 billion, or $50 per common share in cash. The companies jointly announced the transaction on Sunday. The deal values Taylor Morrison at roughly $5 billion and is expected to close in the second half of 2026.
As of March 31 2026, Berkshire Hathaway held cash just shy of $400 billion. Greg Abel became chief executive of Berkshire Hathaway earlier in 2026 after Warren Buffett retired in 2025. The acquisition marks the first multibillion-dollar deal completed under Abel.
Greg Abel said the acquisition would help broaden Berkshire’s footprint into site-built homes. “We are excited to welcome Taylor Morrison into Berkshire’s portfolio,” he said in a statement. Abel added that the company could help expand access to homeownership.
Berkshire acquired Clayton Homes in 2003. Sheryl Palmer, chief executive of Taylor Morrison, said the deal would provide the homebuilder with financial backing and a long-term investment horizon. “Berkshire Hathaway’s long-term orientation is uniquely well-suited to the multi-year investment cycle of homebuilding, and this combination will allow us to scale the Taylor Morrison platform in ways that would not be possible as a standalone company,” she said.
Taylor Morrison operates more than 350 communities across 12 states. Its principal business is residential homebuilding and the development of lifestyle communities, and it also provides financial services including home loans, titles, escrow and insurance. Taylor Morrison was founded in 2013 as a public company.
Following the acquisition, the existing management team, including Palmer, will continue to lead the firm, and Taylor Morrison will become a privately held company. Goldman Sachs and Moelis served as financial advisors to Taylor Morrison on the transaction. Berkshire Hathaway stock is up 6 percent so far in 2026.
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