TMHC
Buffett came shopping
Taylor Morrison Home just became the latest thing to catch Warren Buffett’s attention. Berkshire Hathaway agreed to buy the homebuilder for roughly $8.5 billion in cash, a tidy 24% premium to Friday’s close. Not exactly pocket change — even for a conglomerate with more cash than some countries.
Why the market hit the turbo button
The stock ripped 22.85% in pre-market trading to $71.87, which is the market basically saying, “Yep, we’ll take the sure thing.” When a company gets a cash buyout offer at a healthy premium, the share price usually heads toward the deal price and starts acting like it has a seatbelt on.
What investors are watching next:
- Regulatory clearance, because even Buffett doesn’t get to skip paperwork
- Shareholder approval, which is the part where owners get to officially say yes
- Closing timing, with the deal expected to wrap in the second half of 2026
The rest of the morning popcorn
The article also tossed in a grab bag of other pre-market movers — ARM, IBM, ServiceNow, Virgin Galactic, and a few more — but those are basically side dishes. The main course here is TMHC, and it’s a classic M&A setup: a premium bid, a sharp spike, and a timeline that now matters more than the ticker tape.
Big picture: when Buffett writes the check, Wall Street tends to stop debating and start pricing the paperwork.