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Anywhere Real Estate Inc. (HOUS) M&A Call Prepared Remarks Transcript
Seeking Alpha· 2025-09-22 14:23
Core Viewpoint - Compass has announced a definitive merger agreement to combine with Anywhere Real Estate, indicating a strategic move to enhance its market position and operational capabilities [1]. Group 1: Company Overview - The call includes key executives from Compass, such as Founder and CEO Robert Reffkin and CFO Scott Wahlers, highlighting the leadership's involvement in the merger process [2]. - An investor presentation and an 8-K filing with the SEC have been made available, providing detailed information regarding the merger and its implications for stakeholders [2]. Group 2: Forward-Looking Statements - The discussion includes forward-looking statements that are subject to various risks and uncertainties, which could lead to actual results differing from projections [3].
Anywhere Real Estate Stock Jumps on $10 Billion Compass Merger
Yahoo Finance· 2025-09-22 13:57
Core Viewpoint - Compass is acquiring Anywhere Real Estate, which owns Century 21 and Coldwell Banker, in an all-stock transaction valued at approximately $10 billion, creating a significant player in the real estate brokerage industry [2][5]. Group 1: Acquisition Details - The acquisition involves Anywhere investors receiving 1.436 Compass shares for each share they own, valuing Anywhere shares at $13.01, which represents an 84% premium over its closing price prior to the announcement [3][5]. - Following the acquisition, Compass shareholders will control 78% of the new company, while Anywhere investors will hold the remaining 22% [3][5]. Group 2: Market Reaction - The announcement led to a nearly 60% increase in Anywhere shares during morning trading, while Compass shares experienced a decline [2][5]. Group 3: Leadership and Future Outlook - Robert Reffkin, the founder and CEO of Compass, will continue as CEO of the combined firm, emphasizing the goal of creating a thriving environment for real estate professionals [4]. - The transaction is anticipated to close in the second half of the following year [4].
HOUS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Anywhere Real Estate Inc. Is Fair to Shareholders
Businesswire· 2025-09-22 12:13
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the proposed sale of Anywhere Real Estate Inc. to Compass, Inc. for 1.436 shares of Compass Class A common stock per share of Anywhere common stock [1] Group 1: Transaction Details - The proposed transaction will result in current Anywhere shareholders owning approximately 22% of the combined company after completion [1]
Morning Market Movers: AGRI, QLGN, FLGC, BOXL See Big Swings
RTTNews· 2025-09-22 11:43
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - AgriFORCE Growing Systems Ltd. (AGRI) has increased by 263% to $8.73 [3] - Qualigen Therapeutics, Inc. (QLGN) has risen by 212% to $8.87 [3] - Flora Growth Corp. (FLGC) is up 103% at $55.36 [3] - Boxlight Corporation (BOXL) has gained 102% to $3.16 [3] - Platinum Analytics Cayman Limited (PLTS) is up 96% at $14.00 [3] - Metsera, Inc. (MTSR) has increased by 59% to $52.99 [3] - Anywhere Real Estate Inc. (HOUS) is up 51% at $10.72 [3] - Fold Holdings, Inc. (FLD) has risen by 30% to $5.93 [3] - ARB IOT Group Limited (ARBB) is up 28% at $8.02 [3] - MBX Biosciences, Inc. (MBX) has increased by 26% to $12.64 [3] Premarket Losers - AlphaVest Acquisition Corp (ATMV) has decreased by 27% to $15.99 [4] - Helius Medical Technologies, Inc. (HSDT) is down 17% at $20.00 [4] - CEA Industries Inc. (BNC) has fallen by 15% to $8.20 [4] - Simpple Ltd. (SPPL) is down 13% at $5.00 [4] - FatPipe, Inc. (FATN) has decreased by 11% to $7.87 [4] - Tharimmune, Inc. (THAR) is down 11% at $3.20 [4] - Yueda Digital Holding (YDKG) has fallen by 11% to $2.98 [4] - American Battery Technology Company (ABAT) is down 10% at $2.94 [4] - AGM Group Holdings Inc. (AGMH) has decreased by 9% to $9.36 [4] - Antelope Enterprise Holdings Limited (AEHL) is down 5% at $3.38 [4]
Anywhere Real Estate Stock Soars 51%. It's Being Bought by Compass.
Barrons· 2025-09-22 11:31
Core Insights - The acquisition will establish a real estate platform with an enterprise value of $10 billion [1] Company and Industry Summary - The transaction is expected to significantly enhance the scale and capabilities of the involved companies within the real estate sector [1]
Compass Announces Combination with Anywhere Real Estate in All-Stock Transaction
Prnewswire· 2025-09-22 10:45
Core Viewpoint - Compass, Inc. and Anywhere Real Estate Inc. have signed a definitive merger agreement to combine in an all-stock transaction, creating a premier real estate platform with an enterprise value of approximately $10 billion, including debt assumption [1][5]. Strategic Rationale - The merger aims to leverage Compass' technology and marketing capabilities alongside Anywhere's established brands and global reach, enhancing service for home sellers and buyers [1][2]. - The combined entity will consist of around 340,000 real estate professionals operating in major U.S. cities and approximately 120 countries, broadening the international referral network [5]. - The transaction is expected to diversify Compass' revenue streams by adding over $1 billion from Anywhere's franchise, title, escrow, and relocation operations [5]. - Compass anticipates achieving over $225 million in non-GAAP OPEX synergies, which will contribute to significant free cash flow and a stronger balance sheet [5]. Terms and Conditions - Each share of Anywhere common stock will be exchanged for 1.436 shares of Compass Class A common stock, valuing Anywhere shares at $13.01 based on Compass' 30-day volume-weighted average price as of September 19, 2025 [4]. - Post-transaction, Compass shareholders will own approximately 78% of the combined company, while Anywhere shareholders will own about 22% [4]. Timing and Approvals - The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in the second half of 2026, pending shareholder and regulatory approvals [6]. Leadership - Upon closing, Compass CEO Robert Reffkin will lead the combined company [7]. Financing - Compass has secured a $750 million financing commitment from Morgan Stanley Senior Funding, Inc., with plans to prioritize deleveraging to achieve a net leverage of approximately 1.5x Adjusted EBITDA by year-end 2028 [8]. Advisors - Morgan Stanley & Co. LLC is the exclusive financial advisor for Compass, while Goldman Sachs & Co. LLC serves as the exclusive financial advisor for Anywhere [9].
Five Years Strong: Coldwell Banker Real Estate Renews Its Commitment to St. Jude Children's Research Hospital
Prnewswire· 2025-09-17 13:00
The Coldwell Banker Network's contributions exceeding $3 million reflect commitment to the life-saving work of St. Jude Children's Research Hospital MADISON, N.J. , Sept. 17, 2025 /PRNewswire/ -- Coldwell Banker Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), extends its partnership with St. Jude Children's Research Hospital® into 2026. ...
Coldwell Banker Real Estate Announces 2025 Leadership Award Winners
Prnewswire· 2025-09-17 10:00
Core Insights - Coldwell Banker Real Estate LLC announced the 2025 winners of its Leadership Awards, recognizing real estate professionals who embody the organization's core values of home, ingenuity, excellence, and awesomeness [1][6] - The awards highlight individuals who demonstrate exceptional commitment to clients, communities, and the Coldwell Banker brand, within a network of approximately 95,000 affiliated sales professionals [1][7] Award Summaries - **CB Spirit Award**: Kara Karns-Domic received this award for her strong leadership, effective managerial style, and positive attitude, showcasing tenacity and business innovation [2] - **Hero of the Year Award**: Halley Haack was honored for her extraordinary service and commitment to community advocacy, reflecting Coldwell Banker's charitable efforts [3] - **Preserving the Trust Award**: Pat Harris was recognized for her significant impact on the real estate industry, focusing on innovation, customer service, and integrity [4] - **Women on the Move Award**: Raffaella Pace was awarded for her instrumental contributions to the real estate industry and for supporting the success of other women [5] Company Overview - Coldwell Banker operates in over 2,800 offices across 48 countries and territories, providing full-service residential and commercial real estate brokerage services [7] - The brand has a history of expertise and integrity since its establishment in 1906 and is committed to empowering its network of affiliated sales agents [7] - Coldwell Banker was recognized as a "9 out of 10 Customer Recommended Real Estate Agency" in the 2025 Women's Choice Award [7]
Coldwell Banker Real Estate Unveils "Live Well With Coldwell," a Campaign Celebrating a Better Way to Find Home
Prnewswire· 2025-09-16 19:00
Core Insights - Coldwell Banker Real Estate LLC has launched a new national advertising campaign titled "Live Well With Coldwell," which emphasizes the emotional aspect of real estate and aims to connect clients' dreams with their decisions [1][4]. Advertising Campaign Details - The campaign will debut at the Generation Blue Experience conference and will air on select Thursday evenings during the football season on Prime Video [2]. - The new tagline reflects Coldwell Banker's commitment to helping clients live well, regardless of their location [2]. Marketing Tools and Technology - Central to the campaign is the Move Meter, a proprietary digital tool that allows consumers to compare cities based on cost of living, amenities, and lifestyle factors [3]. - The campaign features licensed music from Cat Stevens, enhancing the emotional narrative of finding a home [3]. Brand Positioning and Strategy - The campaign aims to highlight that real estate is about more than transactions; it is about building a life well-lived [4]. - Coldwell Banker Global Luxury program will have dedicated ad placements for the first time, showcasing the brand's expertise in serving affluent clients [4]. Agent Support and Resources - Coldwell Banker is committed to providing its 95,000 agents with innovative marketing materials, advanced client service tools, and professional development programs to enhance service across all market segments [4][5]. Advertising Effectiveness - Coldwell Banker ranked 3 in ad effectiveness among 550 advertisers during the 2024 football season and has maintained the 1 position in real estate advertising for 13 consecutive years according to ACE Metrix [6].
TV Personality Nēv Schulman is Coldwell Banker Warburg's Newest Agent
Prnewswire· 2025-09-09 14:01
Accessibility StatementSkip Navigation Schulman was the host of MTV's "Catfish" and a runner-up on "Dancing With the Stars" NEW YORK, Sept. 9, 2025 /PRNewswire/ -- Coldwell Banker Warburg (CBW), the premier brokerage that's been at the forefront of New York luxury real estate for more than 100 years, is pleased to announce that Nv Schulman, a noted television personality known for hosting the MTV series "Catfish," is joining the firm as an agent. Notably, his father, Robert Schulman, has been a broker at C ...