Taylor Morrison CEO: 'Lot of runway' with Berkshire
Berkshire Hathaway has acquired homebuilder Taylor Morrison for an enterprise value of about $8.5 billion, and CEO Sheryl Palmer will remain in her role to continue leading the company.
Why it matters — The acquisition by Berkshire Hathaway marks a major corporate event for Taylor Morrison, with the CEO staying on to guide the company through its transition under new ownership.