The Gabelli ABC Fund on Taylor Morrison Home Corp.
Thesis
Berkshire Hathaway agreed to acquire Taylor Morrison for $72.50 per share in cash. U.S. antitrust approval had already been received, leaving shareholder approval and closing steps as the main remaining conditions. The fund expects completion in the second half of 2026.
“The transaction is expected to be completed in the second half of 2026.”
Key risks
- The announced acquisition may not be completed
- The deal may close later than expected