Rocket Companies to acquire Redfin for $1.75 billion of equity value
( March 10, 2025, 14:45 GMT | Official Statement) -- MLex Summary: Detroit-based Rocket Companies has agreed to acquire Redfin for $1.75 billion of equity value. The proposed merger will combine Rocket Companies' fintech platform with mortgage, real estate and personal finance businesses with Redfin's digital real estate brokerage. The companies expect the deal to close in the second or third quarter of 2025.Statement follows below:...
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