
Compass Defends $1.6B Merger Amid Antitrust Concerns
Compass defends its proposed $1.6 billion acquisition of Anywhere Real Estate, arguing it's needed to fight giants like Zillow, while critics fear harm to agents and consumers.
Sarah Jenkins is the Business Editor for Crezzio, specializing in corporate news, mergers and acquisitions, and market analysis. She has over a decade of experience reporting on major business transactions and their impact on the economy.
Compass defends its proposed $1.6 billion acquisition of Anywhere Real Estate, arguing it's needed to fight giants like Zillow, while critics fear harm to agents and consumers.
Compass has announced a definitive agreement to acquire rival brokerage Anywhere Real Estate, a move that could significantly reshape the industry's competitive landscape.
Compass has acquired Anywhere Real Estate's company-owned operations in Hawaii, a major move that brings 450 agents under its brand and reshapes the market.
Compass and Anywhere Real Estate have announced an all-stock merger, causing Anywhere's stock to soar 47% while Compass shares fell over 16% amid wider market jitters.
The nation's largest residential real estate brokerage is set to acquire a competitor, creating a massive firm with 340,000 agents and absorbing major brands.
Major real estate brokerages including Compass, Douglas Elliman, and Real are making strategic moves, adding hundreds of agents and forming new industry alliances.
Compass has announced its acquisition of Anywhere Real Estate, a landmark deal merging major brands like Coldwell Banker, Sotheby’s, and Century 21.
Compass has announced a $1.6 billion acquisition of Anywhere Real Estate, a landmark deal set to create the largest brokerage in the U.S. and challenge Zillow.
Anywhere Real Estate (HOUS) stock surged after the company announced a definitive merger agreement with Compass, a move set to create a U.S. real estate giant.
The real estate industry is facing a major shake-up, led by a $10 billion merger between IndustryCompass and Anywhere and a new class-action lawsuit against Zillow.
Compass has agreed to acquire rival Anywhere Real Estate in an all-stock deal, creating a real estate giant with brands like Century 21 and Coldwell Banker.