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 axed roughly 2 percent of its workforce following the $1.75 billion deal to acquire the Seattle-based brokerage, HousingWire reported. The layoffs were confirmed weeks after the deal closed.

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 ...

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.

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 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 ...

Rocket Companies is pushing back against accusations it is ignoring or is “bad for” its mortgage broker partners. Such accusations have been flying — particularly on LinkedIn — after the 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 ...

Redfin stockholders are set to vote on the Rocket acquisition deal on June 4, but Jason Morano is asking the court to delay the vote May 19, 2025, 2:06pm by Brooklee Han ...

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 ...

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 ...