Business
Berkshire Hathaway to Buy Homebuilder Taylor Morrison for $6.8 Billion
Berkshire Hathaway agreed on Sunday to buy home builder Taylor Morrison Home Corp.for TMHC -0.39%decrease; red down pointing triangle $6.8 billion in cash.
Berkshire will pay $72.50 per share for the Scottsdale, Arizona-based home developer, a 24% premium to Taylor Morrison’s closing stock price of $58.50 on Friday.
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