Berkshire Hathaway buys Taylor Morrison for $8.5 billion

BERKSHIRE HATHAWAY INC-CL A agreed to acquire TAYLOR MORRISON HOME CORP for $8.5 billion in an all-cash transaction. The $72.50 per share offer represents a 24% premium over the Friday evening closing price of $58.50. The deal expands Berkshire's housing footprint beyond manufactured homes into the site-built residential market across 12 states.

### Expanding the Housing Portfolio BERKSHIRE HATHAWAY INC-CL A will pay $72.50 per share to take the homebuilder private. The total equity value reaches $6.8 billion within the $8.5 billion transaction.