Rocket's $9.4 billion takeover of Mr. Cooper sends its stock down
Rocket Companies (RKT) stock dropped 7.6% after it unveiled an agreement to acquire Mr. Cooper (COOP) for $9.4 billion in shares, boosting its mortgage servicing portfolio to $2.1 trillion in unpaid balances, or about one in every six U.S. home loans.Read more...
Rocket Companies (RKT) stock dropped 7.6% after it unveiled an agreement to acquire Mr. Cooper (COOP) for $9.4 billion in shares, boosting its mortgage servicing portfolio to $2.1 trillion in unpaid balances, or about one in every six U.S. home loans.
