Adam Patti, Chief Executive Officer at Vista Shares, discusses Berkshire Hathaway's Taylor Morrison deal, Greg Abel's strategy and why value markets could reignite Berkshire shares.
Berkshire Hathaway Inc (NYSE:BRK.A) has agreed to acquire Taylor Morrison Home Corporation (NYSE:TMHC) in an all-cash transaction valued at approximately $8.5 billion in enterprise value, according to
Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison Home in a $6.8 billion deal. "I think one of the things we're so excited about is homebuilding runs in 5-, 7-, 10-year cycles.
Zacks.com users have recently been watching Berkshire Hathaway B (BRK.B) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Berkshire Hathaway (BRK.B) will acquire Taylor Morrison (TMHC) for $8.5B in an all-cash deal at $72.50 per share, a 24% premium. TMHC will become a private company post-acquisition, with closing expec
Berkshire Hathaway is making a $6.8 billion cash bet on US housing at a moment when much of the sector looks stuck in reverse. The move is Greg Abel's first major acquisition as Berkshire's chief exec
Taylor Morrison Home's (NYSE: TMHC) stock surged more than 22% in pre-market trading on June 1 after Berkshire Hathaway (NYSE: BRK.B) announced plans to acquire the homebuilder.
Berkshire Hathaway has finally cracked open its wallet. A little.
The Omaha, Nebraska-based company will pay $72.50 a share in cash for Taylor Morrison. The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took
Berkshire will acquire the homebuilder for $72.50 per common share in cash, valuing Taylor Morrison's equity at around $6.8 billion.
Berkshire Hathaway's stock picks are closely monitored by investors and the financial media. These publicly traded picks, however, aren't the core of this company's business model.
The deal is one of the first big moves by Greg Abel, who succeeded Warren Buffett as chief executive officer in January.
Berkshire Hathaway will buy homebuilder Taylor Morrison Home for $8.5 billion, the first new takeover deal since Warren Buffett stepped down as CEO.
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