Berkshire Hathaway’s CEO Greg Abel will acquire Taylor Morrison Home Corp for $6.8 billion, signaling confidence in U.S. homebuilding. Warren Buffett praised Abel’s rapid, seamless execution after Abel’s broader $16.8 billion deployment spree, including a $10 billion investment in Alphabet.
Greg Abel announced Berkshire Hathaway will pay $6.8 billion to acquire Taylor Morrison Home Corp, marking one of the largest homebuilding takeovers in recent years. The deal reflects a strategic push into U.S. housing markets, valuing Taylor Morrison’s backlog of homes and land reserves.
Warren Buffett lauded Abel’s execution, saying the transaction closed "faster and smoother" than he could have managed. Buffett’s endorsement underscores confidence in Abel’s leadership and validates the premium paid for Taylor Morrison.
This acquisition is part of Abel’s rapid $16.8 billion deployment spree over two days, which also includes a $10 billion stake in Alphabet. The moves signal a departure from Berkshire’s traditionally conservative cash holding approach, emphasizing aggressive capital allocation under Abel.
