Berkshire Hathaway agreed to acquire Taylor Morrison Home Corporation for $72.50 per share, representing an $8.5 billion enterprise value and 24% premium to its May 29 closing price. CEO Greg Abel divested Amazon shares even as AWS expands AI-driven services and planned satellite broadband undercut Amazon’s 32 P/E multiple.
Berkshire Hathaway has entered a definitive agreement to acquire Taylor Morrison Home Corporation in an all-cash transaction valued at $72.50 per share. The deal implies an equity value of approximately $6.8 billion and an enterprise value of $8.5 billion, representing a 24% premium to Taylor Morrison’s May 29 closing price, with expected closing in the second half of 2026 subject to shareholder and regulatory approvals.
Chief Executive Officer Greg Abel sold his Amazon holdings, reducing Berkshire’s exposure to the e-commerce giant. This move coincides with Amazon’s continued AWS-driven AI expansion, custom chip development and upcoming satellite broadband launch, while the stock trades at a 32 P/E ratio that many view as compelling for long-term growth investors.