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Detroit-based real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50 per share, closing in Q2 or Q3 (Crystal Tse/Bloomberg)
Crystal Tse / Bloomberg: Detroit-based real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50 per share, closing in Q2 or Q3 — The Detroit-based financial technology group will pay $12.50 for every Redfin share in an all-stock transaction.
Crystal Tse / Bloomberg:
Detroit-based real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50 per share, closing in Q2 or Q3 — The Detroit-based financial technology group will pay $12.50 for every Redfin share in an all-stock transaction.
