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flag Rocket Companies acquires Redfin for $1.75 billion to integrate real estate and mortgage services.

flag Rocket Companies, a fintech firm, plans to acquire real estate platform Redfin for $1.75 billion in an all-stock deal. flag This merger aims to streamline homebuying by integrating real estate search with financing services. flag Redfin CEO Glenn Kelman will stay on to lead the real estate operations post-acquisition. flag The deal, expected to close in the second or third quarter, is anticipated to generate over $200 million in savings by 2027.

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