Rocket Companies to buy real estate firm Redfin in $1.75B deal
1. Rocket Companies to acquire Redfin for $1.75 billion, boosting lending. 2. Redfin shares surged 74% post-announcement; Rocket shares fell 12%. 3. Rocket aims to leverage AI for seamless home financing post-merger. 4. Redfin's CEO, Glenn Kelman, will continue to lead the business. 5. Deal completion expected by Q2 or Q3 2025.