Breaking Housing & Contractor Economics AnalysisBusiness, Finance & EconomicsBerkshire Bought Taylor Morrison for $6.8 Billion. Now It Has Crossed 10% at Lennar.Berkshire Hathaway bought about $212.4 million more Lennar stock across Sept. 17-21, pushing its reported ownership above the 10% threshold only two months after completing its $6.8 billion Taylor Morrison acquisition. The timing is striking: Lennar had just reported that quarterly profit more than halved, orders fell 9%, and margins remained under pressure.TradeVulcan Dispatch Editorial Desk15 minTopic
Greg Abel
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Breaking Housing & Contractor Economics AnalysisBusiness, Finance & EconomicsBerkshire Bought Taylor Morrison for $6.8 Billion. Now It Has Crossed 10% at Lennar.Berkshire Hathaway bought about $212.4 million more Lennar stock across Sept. 17-21, pushing its reported ownership above the 10% threshold only two months after completing its $6.8 billion Taylor Morrison acquisition. The timing is striking: Lennar had just reported that quarterly profit more than halved, orders fell 9%, and margins remained under pressure.TradeVulcan Dispatch Editorial Desk15 min