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Real REMAX Merger Breakdown | Real Estate News
Real Brokerage and REMAX have officially merged to form the massive Real REMAX Group, uniting over 180,000 agents worldwide in a $880 million deal. Behind the scenes, a complex financial structure emerged: a $550 million loan and $40 million credit line helped pay off REMAX’s $437 million debt and cover costs, while Real entered with $86 million in cash and zero debt. REMAX shareholders chose between cash or stock, but only $80 million in cash was available — forcing prorated payouts. The new company now has former REMAX shareholders holding 39.6% and former Real shareholders owning 60.4%…
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