Berkshire Hathaway to Buy Clayton Homes
- Share via
From Bloomberg News
Berkshire Hathaway Inc., the holding company controlled by billionaire Warren Buffett, agreed to buy Clayton Homes Inc., which makes manufactured homes, for about $1.7 billion.
Berkshire Hathaway will pay $12.50 for each share of Clayton, 12% more than Clayton’s closing price of $11.13 on the NYSE. Knoxville, Tenn.-based Clayton will become a unit of Berkshire Hathaway, with its management remaining in place.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
