March 10 (Reuters) - Redfin Corp ( RDFN ):

* ROCKET COMPANIES TO ACQUIRE REDFIN, ACCELERATING PURCHASE

MORTGAGE STRATEGY

* ROCKET COMPANIES INC ( RKT ) : PROPOSED DEAL FOR ALL-STOCK

TRANSACTION

FOR A VALUE OF $12.50 PER REDFIN SHARE, OR $1.75 BILLION OF

EQUITY VALUE.

* ROCKET COMPANIES INC ( RKT ): PROPOSED DEAL FOR $1.75 BILLION OF

EQUITY

VALUE

* ROCKET COMPANIES ( RKT ) - EACH SHARE OF REDFIN COMMON STOCK TO BE

EXCHANGED FOR FIXED RATIO OF 0.7926 SHARES OF ROCKET COMPANIES

CLASS A COMMON STOCK

* ROCKET COMPANIES INC ( RKT ): TRANSACTION IS EXPECTED TO BE

ACCRETIVE TO

ROCKET COMPANIES' ADJUSTED EPS BY END OF 2026

* ROCKET COMPANIES ( RKT ): UPON DEAL CLOSE, REDFIN CEO GLENN KELMAN

TO

CONTINUE TO LEAD REDFIN BUSINESS

* ROCKET COMPANIES ( RKT ): TO COLLAPSE "UP-C" STRUCTURE & DECLARES

SPECIAL CASH DIVIDEND OF $0.80/SHARE OF CLASS A COMMON STOCK

* ROCKET COMPANIES ( RKT ): EXPECTS COMBINED CO TO ACHIEVE MORE THAN

$200

MILLION IN RUN-RATE SYNERGIES BY 2027

Source text:

Further company coverage: