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Why Rocket Companies is betting big on Mr. Cooper
In This Article:
Rocket Companies (RKT) is expanding its business by acquiring Mr. Cooper (COOP) for $9.4 billion to build a homeownership platform that integrates everything from home search to servicing.
Rocket Companies CEO Varun Krishna joins Wealth host Julie Hyman and Yahoo Finance Executive Editor Brian Sozzi to explain that this acquisition will enhance their client relationships and improve profitability.
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