Douglas Elliman Receives Merger Offer From Anywhere Real Estate, Bloomberg Reports

Dow Jones
05-24

-- Douglas Elliman received a merger offer this week from Anywhere Real Estate valuing it at more than $4 a share, Bloomberg reported Friday, citing people with knowledge of the matter.

-- A person cited by Bloomberg said Douglas Elliman isn't likely to accept the bid at the current level. Douglas Elliman closed at $2.14 a share Thursday.

-- Douglas Elliman declined to comment. Anywhere Real Estate didn't immediately respond to request for comment.

 

Full article at: www.bloomberg.com/news/articles/2025-05-23/douglas-elliman-gets-takeover-bid-amid-fallout-from-probe-of-former-star-agents

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

May 23, 2025 14:56 ET (18:56 GMT)

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