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The Nexus
BUSINESSJun 1 · 16:32 UTCWPLG LOCAL 10 MIAMIBy JOSH FUNK, Associated Press

New Berkshire Hathaway CEO Greg Abel makes first deal since taking over from Warren Buffett

Berkshire Hathaway's new CEO Greg Abel announced a $6.8 billion acquisition of homebuilder Taylor Morrison, signaling a potential shift from Warren Buffett's hands-off management style. Abel plans to consolidate Taylor Morrison with Berkshire's existing Clayton Homes subsidiary, expanding the company's housing portfolio.

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