Douglas Elliman Inc. is receiving a takeover offer potentially doubling its stock price.
From Yahoo Finance: 2025-05-23 13:31:00
Douglas Elliman Inc. (DOUG) has received a takeover offer from Anywhere Real Estate Inc., potentially doubling its stock price to over $4 per share. With 7,000 agents and 113 offices, Douglas Elliman operates in major US markets and has been involved in high-profile luxury transactions. Despite internal turmoil, the company remains a key player in the real estate sector. Following the news, DOUG surged by over 37% on Friday morning, with YTD returns at over 73%.
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