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Berkshire Buys Taylor Morrison For $6.8 Billion In First Big Deal Under Greg Abel

Berkshire Buys Taylor Morrison For $6.8 Billion In First Big Deal Under Greg Abel Less than a month after we mused at Berkshire's most recent cash hoard which as of March 31 stood just shy of $400 billion, and wondered who Warren Buffett's replacement Greg Abel will acquire first... ... we got the answer on Sunday afternoon, when Berkshire announced it will acquire homebuilder Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. Which means that after the deal, Berkshire still has $390 billion in T-bills collecting about 3.5%.  The...
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