NYSE:TMHCConsumer Durables
Berkshire To Take Taylor Morrison Private And Reset Homebuilder Valuations
Berkshire Hathaway has agreed to acquire Taylor Morrison Home (NYSE:TMHC) in an all cash transaction.
The deal will take Taylor Morrison private and represents a significant expansion by Berkshire Hathaway into U.S. homebuilding.
Following completion, Taylor Morrison shares are expected to cease trading as an independent public stock.
Taylor Morrison Home is a large U.S. homebuilder, so this agreement lands in the middle of ongoing discussion about housing supply, mortgage affordability,...