No. of Recommendations: 11
Berkshire Chief Executive Greg Abel described Taylor Morrison as a leading homebuilder and said the acquisition aligns with Berkshire's longstanding investments in housing-related businesses. He added that Berkshire expects to integrate its site-built homebuilding operations into a larger platform over time.
Following the acquisition, Taylor Morrison will continue to be led by its current management team, including Palmer as chief executive.
Goldman Sachs and Moelis are serving as financial advisers to Taylor Morrison, while Simpson Thacher & Bartlett is acting as legal adviser.
seekingalpha.com - Berkshire hathaway to acquire taylor morrison in 5b dealGlad to see that Berkshire under Abel continues not paying big money to investment bankers and legal advisers.
