On September 3, 2025, Mr. Cooper Group Inc. announced that its stockholders voted to adopt the merger agreement with Rocket Companies. This approval is a crucial step towards the completion of the $9.4 billion all-stock acquisition.
Under the terms of the merger agreement, Mr. Cooper stockholders are entitled to receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock. Additionally, Mr. Cooper may declare and pay a dividend of $2.00 per share of Mr. Cooper common stock prior to the effective time of the transaction.
The completion of the acquisition remains subject to the satisfaction or waiver of remaining closing conditions, including customary regulatory approvals. This stockholder approval signals strong support for the transformative merger, which aims to combine America's largest lender with its largest servicer, creating significant synergies and an integrated homeownership platform.
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