Berkshire Buys Over $200 Million of Lennar Stock and Now Holds 10% of the Big Home Builder

Berkshire Hathaway purchased more than $200 million of depressed Lennar stock over three trading days and now owns just over 10% of the country’s second largest home builder. Berkshire bought about 2.6 million shares of Lennar’s Class A shares on Thursday, Friday, and Monday. The company also owns over 500,000 shares of Lennar’s supervoting Class B stock. Continue Reading