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Berkshire Makes First Big Acquisition of Post-Buffett Era: a $6.8bn Housing Bet
Rio Times
Rio Times··1 min read

Berkshire Makes First Big Acquisition of Post-Buffett Era: a $6.8bn Housing Bet

MARKETS · UNITED STATES Key Facts —The deal: Berkshire Hathaway agreed on Sunday, May 31, to buy US homebuilder Taylor Morrison Home in an all-cash transaction. —The price: The offer is $72.50 per share, a 24% premium to the May 29 close of $58.50, valuing the equity at about $6.8 billion and the enterprise at […] The post Berkshire Makes First Big Acquisition of Post-Buffett Era: a $6.8bn Housing Bet appeared first on The Rio Times .

Source: Rio Times