Rocket Companies has closed its acquisition of Mr. Cooper for $14.2 billion, according to an announcement on Wednesday morning. The final acquisition price is 51 percent higher than the $9.4 billion price tag announced in March, due to Mr. Cooper’s recent stock rally.
Source: Inman News
Rocket Companies closes Mr. Cooper acquisition
Published in acquisition, artificial intelligence, Citigroup Global Markets Inc., Fairness Opinion, Federal Housing Finance Agency, FHFA, home search, homeownership, housing industry, jay bray, John McDaniels, loan origination, M&A, merger, mergers and acquisitions, Mortgage, mortgage lending, mortgage servicer, mortgage servicing, Mr. Cooper, Redfin, rocket companies, Select, United Wholesale Mortgage and Varun Krishna
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