Tag Archives: merger

Compass to acquire Anywhere in $1.6B deal, capping rise to top

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The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it’s moving to acquire its chief rival. Continue reading →

Residential roots, commercial reach: How this broker created scale with a strategic merger

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Find out how Jill Butler’s RedKey Realty Leaders scaled smarter by bringing on a boutique commercial brokerage and integrating their agents and their services. Continue reading →

Redfin shareholders approve Rocket merger at special meeting

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With antitrust regulators declining to weigh in, $1.75 billion deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month. Continue reading →

Redfin shareholder sues for more information on Rocket merger

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Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor’s potential conflict of interest before June 4 merger vote. Continue reading →

Redfin unfazed by 2% revenue drop as it finalizes deal with Rocket

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Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies. Continue reading →

Rocket’s appetite for growth could ding corporate debt rating

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Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion. Continue reading →

Go Mortgage and PacRes seek economies of scale in merger

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Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is hiring retail branch managers and loan originators. Continue reading →

Title underwriter TRG inks $85M merger deal to take Doma private

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If approved by shareholders and regulators, the proposed merger would result in an all-cash transaction, with TRG acquiring Doma’s outstanding shares at 38 percent premium of $6.29 per share. Continue reading →

Fidelity paying Black Knight $225M to bring TitlePoint back into the fold

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With ICE’s acquisition of Black Knight pending, title insurer exercises right to buy back title search and order management solution. Continue reading →

With East Coast merger, United Real Estate adds 1,000 agents

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Five years ago, Pearson Smith Realty had only 17 agents. It has since grown to conduct $4.1 billion annually in real estate transactions. Continue reading →