Brief: Rocket Companies To Acquire Redfin, Accelerating Purchase Mortgage Strategy

Redfin

10/03/2025 11:07

March 10 (Reuters) - Redfin Corp RDFN.O:

ROCKET COMPANIES TO ACQUIRE REDFIN, ACCELERATING PURCHASE MORTGAGE STRATEGY

ROCKET COMPANIES INC : PROPOSED DEAL FOR ALL-STOCK TRANSACTION FOR A VALUE OF $12.50 PER REDFIN SHARE, OR $1.75 BILLION OF EQUITY VALUE.

ROCKET COMPANIES INC: PROPOSED DEAL FOR $1.75 BILLION OF EQUITY VALUE

ROCKET COMPANIES - EACH SHARE OF REDFIN COMMON STOCK TO BE EXCHANGED FOR FIXED RATIO OF 0.7926 SHARES OF ROCKET COMPANIES CLASS A COMMON STOCK

ROCKET COMPANIES INC: TRANSACTION IS EXPECTED TO BE ACCRETIVE TO ROCKET COMPANIES' ADJUSTED EPS BY END OF 2026

ROCKET COMPANIES: UPON DEAL CLOSE, REDFIN CEO GLENN KELMAN TO CONTINUE TO LEAD REDFIN BUSINESS

ROCKET COMPANIES: TO COLLAPSE "UP-C" STRUCTURE & DECLARES SPECIAL CASH DIVIDEND OF $0.80/SHARE OF CLASS A COMMON STOCK

ROCKET COMPANIES: EXPECTS COMBINED CO TO ACHIEVE MORE THAN $200 MILLION IN RUN-RATE SYNERGIES BY 2027

Source text: ID:nPn7WXJ48a

Further company coverage: RDFN.O

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