Brokerage giant Realogy Holdings filed a lawsuit Monday to enforce the $400 million sale of its relocation business after it claimed the buyer tried to back out. In a regulatory filing, Realogy said Madison Dearborn Partners and its portfolio company, SIRVA Worldwide Inc., made “false claims in an attempt to avoid their obligations under the purchase agreement in light of broad-based economic uncertainties due to the global COVID-19 pandemic.” Realogy — parent company of the
source https://therealdeal.com/2020/04/27/realogy-sues-to-enforce-400m-cartus-deal/
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