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Greg Abel Closed Berkshire Hathaway's Taylor Morrison Deal on July 24. Here's What Berkshire Owns Now.
The Motley Fool·
Berkshire Hathaway completed its $8.5 billion acquisition of Taylor Morrison Home for $72.50 per share under new CEO Greg Abel. This is Berkshire's second homebuilder acquisition, positioning the conglomerate to capture multiple stages of the homebuilding process through its existing portfolio of building material and product companies. Despite current high mortgage rates, Berkshire is playing the long game, expecting to benefit when the housing market rebounds.
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