Two of the nation’s largest real estate brokerages are set to close their merger on Friday.
Compass’s merger with Anywhere Real Estate may fragment inventory and intensify competition among real estate portals.
The closing brings roughly 340,000 real estate professionals under one corporate roof.
Compass and Anywhere Real Estate merger passes shareholder vote, with closing set for Friday pending final conditions.
It also proceeded despite the objections of the Justice Department’s anti-trust division, which felt that the merger of the ...
NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its third quarter 2024 financial ...
Madison-based Anywhere Real Estate and Compass Inc. announced plans Sept. 22 to combine in an all-stock transaction. In detailing the definitive merger agreement, the partners said they expect the ...
Compass has agreed to acquire Anywhere Real Estate for $1.6B in what will be one of the largest-ever real estate brokerage mergers. Each share of Anywhere would be exchanged for 1.436 shares of ...
Compass' market share leaped to 6.09% in its most recent quarter, representing 96 bps of y/y expansion. The company achieved >20% growth in revenue, transactions, and transaction value, while the ...