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Benzinga
Benzinga
Business
Triveni Kothapalli

Compass Teams Up With Anywhere Real Estate In Huge Merger

Compass Comp
Seattle,,Wa,,Usa,-,Oct,11,,2019:,American,Real,Estate

Compass Inc. (NYSE:COMP) shares fell more than 12% while Anywhere Real Estate Inc. (NYSE:HOUS) jumped over 52% on Monday after the companies announced a $10 billion all-stock merger, including debt.

The deal brings together Compass’ technology investments, marketing platform, and agent network with Anywhere’s well-known brands, complementary businesses, and international footprint.

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