The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026.
Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.
Barry Diller's People Inc. Plans a Takeover Bid for MGM Resorts The New York TimesBarry Diller's People offers to buy casino giant MGM Resorts for $48.30 per share CNBCPeople Inc. proposes $18 billion buyout of MGM Resorts FOX5 VegasBarry Diller Offers to Buy Rest of MGM in Deal Valued at Nearly $19 Billion Bloomberg.com
