TMHC shares should trade toward the $72.50 deal price minus time value and deal risk. Monitor for stockholder vote, HSR clearance, and any competing bids. Expect the stock to converge to the offer price as closing conditions are met.
Price Chart
Executive Summary
Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share in an all-cash deal valued at approximately $8.5 billion enterprise value ($6.8 billion equity). The offer represents a 24% premium over the May 29 close of $58.50. The transaction has unanimous board approval and is expected to close in the second half of 2026, subject to stockholder approval and regulatory clearances.
Key Financial Metrics
Key Facts
- All-cash acquisition at $72.50 per share
- Total enterprise value of $8.5 billion
- 24% premium to TMHC's $58.50 closing price on May 29, 2026
- Unanimous approval by Taylor Morrison board
- Expected to close in second half of 2026
- Termination fee of $221,622,677 payable by TMHC under certain conditions
- Goldman Sachs and Moelis delivered fairness opinions
- Taylor Morrison will become a private wholly owned subsidiary of Berkshire Hathaway
- Shares to be delisted from NYSE upon closing
Financial Impact
TMHC shareholders receive $72.50 per share in cash, a 24% premium to the prior close. Total equity consideration approximately $6.8 billion.
Risk Factors
- Regulatory antitrust review under HSR Act could delay or block the deal
- Stockholder vote required; failure to obtain approval would terminate the deal
- TMHC may pay $221.6M termination fee if a superior proposal emerges
- General market conditions or financing issues could impact closing timeline
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-249694 |
| Document: d111152d8k.htm | 0001193125-26-249694 |
| Document: d111152dex991.htm | 0001193125-26-249694 |
| Document: 0001193125-26-249694-index-headers.html | 0001193125-26-249694 |
| Document: 0001193125-26-249694-index.html | 0001193125-26-249694 |
| Document: 0001193125-26-249694.txt | 0001193125-26-249694 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 8w ago | 15-12G | — | awaiting T+5 | — | — |
Jul 24, 2026 10w ago | 8-K | $72.45 awaiting T+5 | awaiting T+5 | — | — |
Jul 24, 2026 10w ago | 25-NSE | $72.45 awaiting T+5 | awaiting T+5 | — | — |
Jul 18, 2026 10w ago | Institutional Cluster | $72.44 $72.45 | ▼ −0.01% | ▼ −0.44% | — |
Jul 7, 2026 12w ago | 8-K | $71.77 $71.94 | ▲ +0.24% | ▼ −0.31% | — |
Jun 23, 2026 14w ago | DEFM14A | $71.93 $71.73 | ▼ −0.28% | ▼ −1.99% | — |
Jun 12, 2026 15w ago | PREM14A | $71.95 $71.60 | ▼ −0.49% | ▲ +0.90% | — |
Jun 12, 2026 15w ago | DEFA14A | $71.95 $71.60 | ▼ −0.49% | ▲ +0.90% | — |
Jun 5, 2026 17w ago | DEFA14A | $71.53 $71.90 | ▲ +0.52% | ▼ −0.05% | — |
Jun 5, 2026 17w ago | DEFA14A | $71.53 $71.90 | ▲ +0.52% | ▼ −0.05% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access