Online-centric brokerage Redfin is seeking to raise up to $239 million, deploying the funds on acquisitions and technology. “Redfin may choose to use a portion of the net proceeds to invest in or acquire third-party businesses, products, services, technologies or other assets,” the company said in a statement Monday. The brokerage noted that it has no such “agreements or preliminary plans” at this time. Redfin is raising money through a combined stock and debt offering. […]
source https://therealdeal.com/2018/07/17/heres-why-redfin-is-about-to-go-on-a-buying-spree/
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