Berkshire Hathaway acquires Taylor Morrison for $8.5 billion
Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation in an all-cash deal with a total enterprise value of approximately $8.5 billion, the companies announced Sunday. The purchase price of $72.50 per share in cash represents a 24% premium to Taylor Morrison’s closing share price on May 29, at $58.50. At that price, the…