Rocket Companies Acquires Mr. Cooper for $9.4 Billion
Rocket Companies (RKT) CEO Varun Krishna has made a significant spring acquisition spree, with the company set to acquire mortgage servicer Mr. Cooper (COOP) for $9.4 billion in stock. The deal is expected to generate annual revenue and cost synergies of around $500 million and is seen as accretive to Rocket’s business upon closing later … Read more