Comment & Analysis
Berkshire Hathaway buys Taylor Morrison in $6.8 billion housing bet
In what's arguably the first significant strategic move since CEO Greg Abel succeeded Warren Buffet earlier this year, Berkshire Hathaway agreed Sunday to acquire Taylor Morrison for $6.8 billion in cash. The offer of $72.50 per share for the Scottsdale, Arizona-based homebuilder represents a 24% premium to Taylor Morrison's…
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