Berkshire Hathaway to acquire Taylor Morrison for $6.8 billion

A 24% premium on Taylor Morrison’s closing stock price signals Greg Abel’s first major acquisition as Berkshire Hathaway CEO. The $6.8 billion cash deal, valued at $8.5 billion including debt, marks a strategic pivot to consolidate the conglomerate’s sprawling residential construction and real estate footprint under a single unified platform.

The agreement, announced Sunday, represents a significant deployment of Berkshire’s $380.2 billion cash reserve. Under the terms, shareholders will receive $72.50 per share, well above the $58.50 market close recorded last Friday. Greg Abel, who assumed the chief executive role in 2026, intends to integrate the Scottsdale-based homebuilder with existing assets like Clayton Homes, Acme Brick, and Benjamin Moore.

Taylor Morrison CEO Sheryl Palmer will remain at the helm, overseeing operations across 12 states. The company, which currently ranks as the sixth-largest U.S. homebuilder, produced $782.5 million in net income on $8.12 billion in revenue during 2025. The transition is slated for completion in the second half of 2026, contingent upon regulatory clearances and shareholder approval. This move follows the recent $9.5 billion acquisition of Occidental Petroleum’s chemicals business, further cementing Abel's aggressive approach to industrial expansion.