Berkshire Hathaway Purchases Construction Firm Taylor Morrison for $6.8 Billion

by Devin Meenan

Those watching the housing market received cause for potential optimism. Berkshire Hathaway—the parent company of Berkshire Hathaway HomeServices—has announced the acquisition of homebuilding giant Taylor Morrison for $6.8 billion.  In the announcement, Berkshire Hathaway CEO Greg Abel said that: “We are excited to welcome Taylor Morrison into Berkshire’s portfolio, reflecting our long-standing commitment to housing,…

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