Berkshire buys Taylor Morrison for $6.8 billion. Buffett touts Abel’s dealmaking
1 min readAnalysis by AlgoThesis Editorial Desk
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The story
Berkshire Hathaway agreed to acquire Taylor Morrison (TMHC) for $72.50/share in cash (~$6.8B), a significant premium to the current ~$58.50 price, marking Greg Abel's first major deal as Berkshire CEO. The ~24% spread to the announced deal price creates a clean merger-arb setup in TMHC, though deal-close timeline and regulatory risk set the guardrails.
The two-sided take
The house read
Wrong ifDeal break or extended DOJ/FTC antitrust review dragging timeline well past 6 months; a broader homebuilder sector selloff could also pressure the arb if the deal is re-priced or if market-out clauses are triggered.
Published read · research, not advice