Real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50/share, closing as soon as Q2; RKT drops 15%+ (Crystal Tse/Bloomberg)
Crystal Tse / Bloomberg: Real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50/share, closing as soon as Q2; RKT drops 15%+ — The Detroit-based financial technology group will pay $12.50 for every Redfin share in an all-stock transaction.
Crystal Tse / Bloomberg:
Real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50/share, closing as soon as Q2; RKT drops 15%+ — The Detroit-based financial technology group will pay $12.50 for every Redfin share in an all-stock transaction.
