#greg abel Tech News.
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FinanceYahoo Financeabout 6 hours ago
Greg Abel Makes First Big Berkshire AcquisitionGreg Abel agreed to acquire Taylor Morrison Home for $6.8 billion in cash, with an enterprise value of $8.5 billion. The deal pays 1.1 times book value and 9 times trailing earnings. Abel bought the homebuilder during industry challenges from high mortgage rates and expensive housing prices. The move mirrors Warren Buffett's strategy of buying excellent companies at fair value.
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