Brief: Anywhere Announces Terms Of Nationwide Settlement Agreement In Burnett And Moehrl Antitrust Class Actions

Anywhere Real Estate

06/10/2023 12:34

Oct 6 (Reuters) - Anywhere Real Estate Inc  HOUS.N :
    * ANYWHERE ANNOUNCES TERMS OF NATIONWIDE SETTLEMENT
AGREEMENT IN
BURNETT AND MOEHRL ANTITRUST CLASS ACTIONS
    * ANYWHERE REAL ESTATE INC: AGREED TO PROVIDE MONETARY
RELIEF OF
$83.5 MILLION
    * ANYWHERE REAL ESTATE - DOES NOT EXPECT TERMS OF PROPOSED
SETTLEMENT TO HAVE A MATERIAL IMPACT ON ITS RESULTS OF
OPERATIONS, LIQUIDITY, OR CASH FLOWS
    * ANYWHERE REAL ESTATE: HEARING FOR PRELIM APPROVAL OF
SETTLEMENT
EXPECTED IN NOV, FINAL COURT APPROVAL EXPECTED IN MID-2024

Source text for Eikon:  ID:nPn1Kbhf0a 
Further company coverage:  HOUS.N 

 ((Reuters.Briefs@thomsonreuters.com;))