Rocket acquires Mr. Cooper for $9.4B in all-stock deal; synergies ~$500M

Rocket Companies, Inc.

Rocket issues 11.0 shares of its Class A common stock per Mr. Cooper share; Mr. Cooper pays $2.00 special dividend pre-close.
Combined company to service ~$2.1 trillion in loan volume, serving ~10 million clients (one in six U.S. mortgages).
Expected annual run-rate revenue and cost synergies of ~$500 million from integrating origination and servicing platforms.
Transaction expected to close by year-end 2025, subject to regulatory approvals and Mr. Cooper shareholder vote; termination fees: $306.9M (Mr. Cooper) or $500M (Rocket).
Rocket secured a $4.95B bridge loan from JPMorgan to refinance Mr. Cooper's debt; Rock Holdings approved stock issuance, no further Rocket shareholder vote needed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.