Berkshire Hathaway buys Taylor Morrison for $6.8 billion. Buffett touts Abel’s deal-making
Consumer
Berkshire Hathaway is acquiring Taylor Morrison in a $6.8B take-private deal, one of the first major moves under new CEO Greg Abel. TMHC has already surged ~22% on the news, trading near the announced deal price, leaving minimal spread for new longs but setting up a read-through to peer homebuilders.
0 reads·0 theses
Angle
↔ PAIR+5% target-4% stop1-2 weeks
TMHC arb spread is thin — rotate into DHI/LEN/TOL as Berkshire's valuation stamp validates homebuilder sector at a discount to deal price.