Mr. Cooper Group Inc. has announced an update regarding its merger agreement with Rocket Companies, Inc. As of June 4, 2025, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired, fulfilling one of the conditions necessary for the completion of the merger. The transaction, which involves Mr. Cooper becoming a wholly-owned subsidiary of Rocket, is still subject to additional closing conditions, including regulatory clearances and stockholder approval. The company anticipates finalizing the merger in the fourth quarter of 2025, pending the satisfaction of these conditions.
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