Berkshire Hathaway completes $6.8 billion acquisition of Taylor Morrison
Berkshire Hathaway Inc. completed its acquisition of Taylor Morrison Home Corporation on July 24, 2026, with Taylor Morrison shareholders receiving $72.50 per share in cash. The merger was consummated pursuant to an agreement dated May 31, 2026; TMHC will delist from the NYSE effective August 3, 2026, and the company intends to terminate SEC registration. Concurrently, Taylor Morrison Communities amended its senior notes indentures and credit agreement to reflect Berkshire's ownership and modify reporting obligations.
- Per share merger consideration: $72.50 in cash
- Total equity value: approximately $6.8 billion; total enterprise value: approximately $8.5 billion
- TMHC Common Stock delisted from NYSE effective August 3, 2026
- Combined Taylor Morrison and Clayton Properties Group delivered nearly 23,000 site-built home closings in 2025
- Sheryl Palmer continued as CEO; Berkshire directors replaced prior board
- Supplemental indentures for 5.75% Senior Notes due 2028, 5.125% Senior Notes due 2030, and 5.750% Senior Notes due 2032 became operative July 24, 2026
- Amendment No. 1 to Credit Agreement added Berkshire Hathaway Inc. as a Permitted Holder, effective July 20, 2026
Taylor Morrison is now a wholly owned subsidiary of Berkshire Hathaway, integrating with Clayton Properties Group to form a fourth-largest U.S. homebuilding operation with unified scale across 21 states and 52 housing markets; former shareholders have no further equity stake and the company will no longer file periodic reports with the SEC.
- 25-NSE
- 8-Kthis filing
Derived from 8-K filed 2026-07-24. Not investment advice. Figures are extracted from the filing; prose is AI-assisted. View the source filing on SEC.gov →