Berkshire Hathaway to buy US homebuilder Taylor Morrison for $8.5 billion

Taylor Morrison Home

Taylor Morrison Home

TMHC

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May 31 (Reuters) - Berkshire Hathaway BRKa.N is set to acquire Taylor Morrison Home Corporation TMHC.N for a total of $8.5 billion in enterprise value, the companies jointly said on Sunday.

Berkshire will acquire the homebuilder for $72.50 per common share in cash, which represents a total equity value for Taylor Morrison of around $6.8 billion.


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