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Compass acquires Anywhere Real Estate in $10B all-stock deal

Merger unites Century 21 , Coldwell Banker , Sotheby’s and more

Agent network expands from 40,000 to 340,000 globally

Move reflects ongoing consolidation in U.S. real estate sector

Two of the nation’s biggest real estate services companies are combining in a deal that will bring Century 21, Compass and several other major brokerage brands under the same umbrella.

New York-based Compass has agreed to acquire rival Anywhere Real Estate in an all-stock transaction that will create a combined company with a total value of roughly $10 billion, including debt, the companies said Monday.

Shares in Anywhere Real Estate soared more than 45% in afternoon trading Monday. Compass shares slid about 16%.

Compass r

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