No. of Recommendations: 2
ABEL GOES HIS OWN WAY WITH NEW
INVESTMENTS IN HOME BUILDING ... AND AI
Buffett praises new CEO for 'fast' and 'smooth' acquisition
Warren Buffett tells CNBC's Becky Quick new Berkshire Hathaway CEO Greg Abel has "launched" with his first major deal, the $6.8 billion acquisition of Taylor Morrison Home, a residential homebuilder and developer with operations in 12 states.
On Monday's "Squawk Box," Becky quoted Buffett from a phone conversation the day before when the deal was announced:
"Greg did this faster than I could have done it, smoother than I could have done it, and I never talked to the CEO.
"He has launched."
https://link.cnbc.com/public/46039362 