Anywhere Makes Offer to Buy Douglas Elliman: Bloomberg

Is Anywhere trying to buy Douglas Elliman?

Bloomberg reports that the brokerage giant offered $4 a share as part of a proposed merger deal involving the New York-based firm.

Anywhere makes offer to buy Douglas Elliman: Bloomberg

Anywhere Real Estate has made an offer to acquire luxury brokerage firm Douglas Elliman. The offer was first reported by Bloomberg. According to Bloomberg’s sources, the bid would value Douglas Elliman at more than $4 a share. The firm’s stock ended Thursday at $2.14 a share, giving the firm a market value of roughly $190 million. This is down from more than $900 million in December 2021.  Spokespeople at both firms would not comment on, confirm…

Anywhere Real Estate Makes Bid for Douglas Elliman: Report

Douglas Elliman—the luxury brokerage struggling with fallout involving former agents and executives—has reportedly received a bid from competitor Anywhere Real Estate, which would more than double Elliman’s current stock price.  According to several media reports, Anywhere’s bid would place Douglas Elliman at a value of more than $4 a share. With the luxury brokerage’s stock… The post Anywhere Real Estate Makes Bid for Douglas Elliman: Report ap…