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FW Desk News
FreightWatch.News
Sunday, May 31, 2026
Berkshire Hathaway agreed Sunday to acquire homebuilder Taylor Morrison Home for $6.8 billion, signaling confidence in a housing market recovery. The Omaha-based conglomerate will pay $72.50 per share in cash, representing a 24% premium to the stock's May 29 closing price.
The deal marks one of the first major strategic acquisitions under new CEO Greg Abel, who assumed leadership in early 2026. Closing is expected in the second half of 2026.
"Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans," Abel said in a statement. The acquisition expands Berkshire's substantial housing portfolio, which already includes Clayton Homes, building product manufacturers, and Berkshire Hathaway HomeServices.
Bill Stone, CIO of Glenview Trust and a Berkshire shareholder, said the company is "betting the housing cycle will turn and that there is pent-up demand," despite persistent affordability challenges and elevated mortgage rates that have constrained the sector.