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The price movements of the companies' stocks matter, because the deal is based on a fixed exchange ratio, with each share of Redfin stock to be exchanged for 0.7926 shares of Rocket stock.
Rocket Companies said today it has completed its acquisition of online real estate brokerage Redfin, uniting the nation’s largest mortgage lender with one of the most visited real estate search ...
Buyers who use Rocket for financing and either buy a Redfin-listed home or work with a Redfin agent can get a one-percentage-point rate reduction July 1, 2025, 10:27am by Sarah Wolak News > Mortgage ...
Rocket's stock jumped more than 2.5% Tuesday morning after the closing of the deal was announced, with shares trading at over $14.50. In conjunction with closing the Redfin deal, Rocket also ...
There are big numbers involved: Redfin’s website attracts nearly 50 million views every month; Rocket says it handles more than 100,000 calls every day. The deal is worth nearly $1.75 billion.
The Rocket-Redfin deal didn't appear to cause many antitrust worries in the Trump administration. However, a handful of U.S. senators, including Bernie Sanders, I-Vermont, expressed concern about ...
A court denied a motion to block the shareholder vote on the Redfin-Rocket deal, but senators are voicing concerns over the proposed merger June 4, 2025, 2:45pm by Brooklee Han News > Mortgage ...
Detroit's Rocket Companies announced Tuesday that it has closed on its previously announced $1.75 billion deal for real estate brokerage Redfin, a deal that combines Redfin’s home search ...
U.S. senators have expressed competition concerns over the $1.75B deal between Redfin (RDFN) and Rocket (RKT), with the lawmakers asking federal antitrust enforcers for an explanation on not ...
A Redfin shareholder has filed a class action lawsuit in federal court to halt the company's proposed merger with Rocket Companies, alleging that Redfin and its board misled investors by omitting ...
Multiple news outlets report that Redfin shareholders voted on Wednesday, June 4, to approve the $1.75 billion all-stock deal. Once the merger is final, downtown Detroit-based Rocket Companies ...