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Douglas Elliman, a residential real estate brokerage, has received a merger offer from Anywhere Real Estate, a parent company of brokerages including Corcoran. The offer values Douglas Elliman at approximately double its current share price. This development follows a challenging period for Douglas Elliman marked by financial losses, executive turnover, lawsuits, and allegations of a toxic company culture. The merger talks come in the wake of the arrest of the Alexander brothers, former top agents at Elliman, on sexual assault charges in Miami last year. Additionally, the CEO of Latter & Blum, a Gulf Coast-based brokerage acquired by Compass last year, has been appointed to lead mergers and acquisitions at Douglas Elliman.
Douglas Elliman, which has seen its stock plummet following a turbulent year marked by financial losses, executive turnover, lawsuits and allegations of toxic company culture, has been offered an out. Read more from @indurskyjake here: https://t.co/DlY3yUWqAE
Douglas Elliman, which has seen its stock plummet following a turbulent year marked by financial losses, executive turnover, lawsuits and allegations of toxic company culture, has been offered an out. Anywhere Real Estate, the parent company for brokerages like Corcoran and
Douglas Elliman, which has seen its stock plummet following a turbulent year marked by financial losses, executive turnover, lawsuits and allegations of toxic company culture, has been offered an out. Anywhere Real Estate, the parent company for brokerages like Corcoran and
