Rocket Companies To Acquire Redfin, Accelerating Purchase Mortgage Strategy
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
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