tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Rocket Companies to Acquire Mr Cooper Group

Story Highlights
Rocket Companies to Acquire Mr Cooper Group

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Mr Cooper Group ( (COOP) ) has provided an announcement.

On March 31, 2025, Mr. Cooper Group Inc. and Rocket Companies, Inc. announced a definitive agreement for Rocket to acquire all outstanding shares of Mr. Cooper in an all-stock transaction. This merger is expected to accelerate Rocket’s mission to assist homeowners and could significantly impact the operations and market positioning of both companies. The transaction is subject to various conditions, including stockholder approval, and carries potential risks such as management distractions and legal proceedings.

More about Mr Cooper Group

YTD Price Performance: 11.16%

Average Trading Volume: 589,423

Technical Sentiment Signal: Sell

Current Market Cap: $6.65B

For an in-depth examination of COOP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1