Rocket Companies to take Redfin private in $1.75B deal
1. Redfin to be acquired by Rocket Companies for $1.75 billion. 2. Rocket's bid of $12.50 offers 63% premium above Redfin's recent stock price. 3. Transaction requires shareholder approval, expected around Q3 2025. 4. Redfin CEO will remain in leadership post-acquisition under Rocket. 5. Rocket aims to streamline home buying with integrated tech solutions.