A home under construction stands behind a “sold” sign in a new development in York County, South Carolina, Feb. 29, 2020. Lucas Jackson/Reuters
Berkshire Hathaway Inc. said on June 1 it would acquire Scottsdale, Arizona-based homebuilder Taylor Morrison Home Corporation in an all-cash transaction. It marks Berkshire’s first major purchase since new CEO Greg Abel replaced Berkshire Hathaway founder Warren Buffett in the company’s top role on Jan. 1.
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