Global investment firm BlackRock upped its stake in RE/MAX by 5.2 percent in the third quarter, putting its total ownership stake in the brokerage at 15.2 percent. BlackRock currently owns 2,559,945 RE/MAX stock shares valued at about $114 million, Inman reported, citing filings with the Securities and Exchange Commission. The filings indicate that they are still not involved in day-to-day operations. RE/MAX went public with an IPO in 2013 and performed well last year. The […]
source https://therealdeal.com/2019/02/04/blackrock-bets-on-brokerages-with-upped-investment-in-re-max/
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