-- 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)
Copyright (c) 2025 Dow Jones & Company, Inc.
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