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Redfin Stock Soars 70% on Deal to Be Bought by Rocket Cos. for $1.75 Billion
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Rocket will pay $12.50 a share to acquire Redfin under the all-stock transaction. The deal, which values Redfin at $1.75 billion, is expected to close in the second or third quarter of 2025. Shares of Redfin surged 70% to $9.91 in premarket trading Monday.
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