Greg Abel Closed Berkshire Hathaway's Taylor Morrison Deal on July 24. Here's What Berkshire Owns Now.
Berkshire is banking on a rebound in the housing market.
Overview
Since Greg Abel took over as CEO at Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) at the beginning of the year, the company has made some notable moves in the post-Warren Buffett era. There's been a shake-up in its stock portfolio, but something that has flown under the radar is the full acquisition of its second company this year, Taylor Morrison Home, for $72.50 per share, or about $8.5 billion.
Berkshire is known for its stock portfolio, valued at $357 billion as of July 30, but it also owns companies outright. With Abel and Berkshire recently acquiring new operating businesses versus blockbuster stock purchases, it's worth taking a dive into the former.
Details
The conglomerate now owns dozens of companies outright. Here are some of its notable major subsidiaries:
Source
Originally published at www.fool.com.