Berkshire Hathaway Closes $8.5B Taylor Morrison Buyout; Delisting to Follow
Summary
Berkshire Hathaway completed its $8.5 billion acquisition of Taylor Morrison on July 24, 2026. Shareholders received $72.50 per share in cash, and the company's stock will be delisted from the NYSE.
Key Events · M&A and Partnerships · TMHC
-
Merger Completed
On July 24, 2026, Berkshire Hathaway closed its acquisition of Taylor Morrison, paying $72.50 per share in cash—a total equity value of approximately $6.8 billion and an enterprise value of $8.5 billion.
-
Shareholder Payout
Each outstanding share of Taylor Morrison common stock was converted into the right to receive $72.50 in cash, without interest. Outstanding equity awards were also cashed out or converted into cash awards.
-
NYSE Delisting Initiated
Trading of TMHC common stock was suspended on July 24, 2026. The company will file a Form 25 to delist from the NYSE, effective August 3, 2026, and subsequently file a Form 15 to terminate SEC registration and reporting obligations.
-
Board and Management Changes
At closing, all prior directors resigned. Interim directors from Berkshire Hathaway were appointed and then stepped down, making way for Sheryl Palmer, Todd Merrill, Curt VanHyfte, and Erik Heuser to join the board. Sheryl Palmer continues as CEO.
Analysis · TMHC · Real Estate & Construction
The merger between Taylor Morrison and Berkshire Hathaway closed on July 24, 2026, converting each Taylor Morrison share into $72.50 in cash—matching the previously announced terms. With the deal complete, the company becomes a wholly owned subsidiary of Berkshire Hathaway. Consequently, Taylor Morrison's common stock will be delisted from the NYSE: trading was suspended immediately, and formal delisting takes effect on August 3, 2026. The company will also terminate its SEC registration and suspend reporting obligations. This filing marks the final step in the acquisition process, confirming the change of control, board and management transitions, and the integration of Taylor Morrison into Berkshire's homebuilding operations.
At the time of this filing, TMHC was trading at $72.45 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $6.7B. This filing was assessed with neutral market sentiment and an importance score of 10 out of 10.