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Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation’s largest mortgage lender with ...
The deal is expected to grow Dan Gilbert's Rocket Companies into an even bigger one-stop shop for homebuying on the national ...
Rocket Companies said today it has completed its acquisition of online real estate brokerage Redfin, uniting the nation’s ...
The previously announced deal, valued at $1.75 billion, combines Redfin’s home search platform with Rocket’s mortgage lending ...
Rocket Companies is pushing back against accusations it is ignoring or is “bad for” its mortgage broker partners.
But since that announcement, Rocket's share price slid from $15.77 to $12.91 as of April 30, and Redfin's shares jumped from $5.82 to $9.51. Those price movements matter, because the deal is a ...
Staboard Value and other investors disclose their positions in 13D filings with the SEC.
Under the agreement, each Redfin share will convert to 0.7926 Rocket Class A shares, a 63% premium over Redfin’s 30-day Volume-Weighted Average Price (VWAp) as of March 7, 2025.
But whether the pending Rocket-Redfin combination would be good for homebuyers is an open question, even as executives at Dan Gilbert's Rocket Companies insist that the streamlined "end-to-end ...
The owner of Rocket Mortgage said Monday that the deal values Redfin shares at $12.50 apiece and connects Redfin’s nearly 50 million monthly visitors with Rocket’s suite of mortgage products ...
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