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flag Rocket Companies buys Redfin for $1.75 billion, expanding its real estate services and reach.

flag Mortgage lender Rocket Companies is acquiring real estate brokerage Redfin in a $1.75 billion stock deal. flag The acquisition gives Rocket access to Redfin's network of over 2,000 agents and its popular listings platform with nearly 50 million monthly visitors. flag Rocket expects to save $140 million in costs and boost revenue by over $60 million. flag Redfin CEO Glenn Kelman will remain in his role. flag The deal is expected to close in the second or third quarter of this year.

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