Mr. Cooper Stock Soars as Rocket Companies Buys Loan Servicer for $9.4B

By Yahoo! Finance   |   1 week ago
Mr. Cooper Stock Soars as Rocket Companies Buys Loan Servicer for $9.4B

Rocket Companies is set to acquire Mr. Cooper Group for $9.4 billion in stock, with Mr. Cooper shareholders receiving 11 shares of Rocket for each share. This merger would create a mortgage giant with a loan portfolio exceeding $2.1 trillion, accounting for one in six mortgages nationwide.

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