Real Brokerage to Acquire RE/MAX for $880 Million
The Real Brokerage Inc. (REAX) entered a merger agreement to acquire RE/MAX Holdings, Inc. (RMAX) in a deal valued at $880 million, to create Real REMAX Group. Deal Structure:…
Written byAsif SuriaSource: InsideArbitrage
The Real Brokerage Inc. (REAX) entered a merger agreement to acquire RE/MAX Holdings, Inc. (RMAX) in a deal valued at $880 million, to create Real REMAX Group. Deal Structure: RE/MAX stockholders will have the right to elect to receive 5.15 shares of Real REMAX Group or $13.8 in cash per share, representing a premium of