Done Deal: Real Finalizes $880 Million Acquisition of REMAX
Real REMAX Group completed its $880 million acquisition of RE/MAX Holdings. Shares of the new entity began trading on Nasdaq under the symbol REAX. The deal received strong shareholder approval, with 99% of Real shareholders and 78.8% of RE/MAX shareholders voting in favor. The combined company aims to create a global, high-tech real estate platform with over 180,000 agents.