Dan Gilbert's Rocket Companies to buy real estate brokerage firm Redfin in $1.75B deal
Dan Gilbert's Rocket Companies plans to buy the online real estate brokerage firm Redfin, a $1.75 billion deal that would expand Rocket's presence in all things residential real estate. The all-stock deal was announced Monday morning and, pending approval by Redfin shareholders, is expected to close in the second or third quarter.
Rocket Companies is the corporate parent of multiple Dan Gilbert businesses, the biggest being Rocket Mortgage.
Detroit-based Rocket Companies announced Monday that it reached a deal to buy Redfin, the online home-purchase platform ...
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