Greg Abel Completes First Major Acquisition as CEO of Berkshire Hathaway

Berkshire Hathaway's new CEO Greg Abel has completed his first major acquisition by acquiring Taylor Morrison Homes for $6.8 billion, representing a 24% premium to the company’s closing price and causing its stock to rise over 22%. Warren Buffett praised the deal as swift and smooth.

By Bram Berkowitz, The Motley Fool Mon, June 1, 2026 at 7:24 PM GMT+3 4 min read · Yahoo Finance · June 1, 2026, 16:24 UTC

Greg Abel Completes First Major Acquisition as CEO of Berkshire Hathaway

Tickers: $TMHC

Topics: Berkshire Hathaway Greg Abel Homebuilding industry Taylor Morrison Homes

Read the full article at Yahoo Finance

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