MT Newswires on MSN19m
Rocket to Buy Redfin For $1.75 Billion Equity Value in Home-Buying Tie-Up
Rocket (RKT) said Monday that it will acquire real-estate brokerage Redfin (RDFN) for an equity value of $1.75 billion in a deal that's expected to drive users to Rocket's home-lending business.
Redfin stock spikes after mortgage giant Rocket announces a $1.75 billion deal to buy the company
Mortgage giant Rocket Companies (RKT) announced Monday it struck a deal to purchase digital real estate brokerage Redfin ...
Crain's Detroit Business26m
Rocket to buy real estate brokerage Redfin in $1.75B deal
In a bid to accelerate its market share in home purchase lending, Rocket Companies Inc. plans to acquire online real estate ...
Salem City Council to vote on delaying recruiting for new city manager
Salem City Council will vote Monday whether to appoint acting City Manager Krishna Namburi to serve as interim city manager.
HousingWire42m
Rocket’s Varun Krishna thinks Redfin deal can expand opportunities for broker network
Krishna says Rocket’s strength in mortgage will couple with Redfin's home search capabilities to benefit the mortgage broker channel.
National Mortgage News57m
Rocket Companies to buy Redfin for $1.75 billion
Rocket expects the combined company to achieve more than $200 million in run-rate synergies by 2027, it said in a statement.