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REDFIN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Redfin Corporation - RDFN

1. Redfin's sale to Rocket Companies is under investigation. 2. Shareholders will receive 0.7926 shares of Rocket per Redfin share.

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FAQ

Why Bearish?

The investigation raises concerns about the fairness and value of the sale. Similar investigations in past M&A deals have often led to price volatility.

How important is it?

The investigation could influence shareholder sentiment and Redfin's stock price, indicating significant market interest.

Why Short Term?

Concern from the ongoing investigation may affect Redfin's price immediately until resolved.

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RKTZillowOPENSWBI
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Redfin Corporation (NasdaqGS: RDFN) to Rocket Companies, Inc. (NYSE: RKT). Under the terms of the proposed transaction, shareholders of Redfin will receive 0.7926 shares of Rocket for each share of Redfin that they own. KSF is seeking to determine whether this consideration and the process that.

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