Compass-Anywhere Merger Approved Amid Rapid Clearance and Market Momentum
TL;DR Summary
The quick clearance of Compass's $1.6 billion acquisition of Anywhere Real Estate was achieved by bypassing a deeper antitrust review, with Compass appealing directly to senior DOJ officials and avoiding a thorough investigation despite concerns and potential violations, leading to an expedited approval process.
- How did the Compass-Anywhere deal get cleared so quickly? RealEstateNews.com
- Compass Acquires Top Rival, Creating World’s Largest Brokerage The New York Times
- Compass-Anywhere Merger Approved by Stockholders; Deal ‘Expected’ to Close Friday RISMedia
- DOJ Allows Compass-Anywhere Deal Over Staff Antitrust Concerns Bloomberg.com
- Compass (COMP) Valuation Check After Strong Recent Share Price Momentum Yahoo Finance
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