Comparing RE/MAX (NYSE:RMAX) & Howard Hughes (NYSE:HHH)
RMAX: 25-NSE · delisting
RE/MAX Holdings has been delisted from the New York Stock Exchange following the completion of its merger with Rome Wildlife, Inc., a direct wholly owned subsidiary of The Real Brokerage Inc., which became effective on August 24, 2026. Each share of RE/MAX Class A Common Stock was converted into either USD 13.80 in cash, without interest and less applicable fees and taxes, or 0.5150 of a share of Real REMAX Group Inc. Common Stock, with the exchange ratio reflecting a 10-for-1 share consolidation. The NYSE suspended trading in the shares on August 25, 2026 and will remove the entire class from listing and registration at the opening of business on September 8, 2026, pursuant to Rule 12d2-2(a)(3), meaning shareholders who elected stock consideration will hold Real REMAX Group shares rather than RMAX.
RMAX: 8-K · acquisition merger
RE/MAX Holdings completed its acquisition by The Real Brokerage on August 24, 2026. Through a two-step merger, RE/MAX ceased to exist as an independent company and became part of Real REMAX Group Inc., The Real Brokerage's acquisition vehicle. Shareholders who elected cash received about $4.33 per share plus roughly 0.3535 Real REMAX Group shares, while stock electors received 0.5150 shares per RE/MAX Class A share. The cash election was oversubscribed and prorated; aggregate cash paid to former RMAX holders was about $80 million, with roughly 14.46 million Real REMAX Group shares also issued to them. RMAX common stock will be suspended from NYSE trading before the open on August 25, 2026, with a Form 25 delisting and Form 15 deregistration to follow. The entire board resigned at the effective time, and eight officers including Erik Carlson stepped down. At closing, RE/MAX repaid in full and terminated its July 2021 credit agreement with JPMorgan Chase Bank, and the RIHI Tax Receivable Agreement was terminated.
Real and RE/MAX Holdings Announce Completion of Business Combination
Real and RE/MAX Holdings Announce Real’s Receipt of Court Approval of Proposed Arrangement in Connection with Proposed Combination
The Real Brokerage received final court approval from the Supreme Court of British Columbia for its proposed acquisition of RE/MAX Holdings. Securityholders of both companies approved the arrangement at special meetings held on August 14, 2026. Subject to remaining conditions, the parties expect the transaction to close on August 24, 2026.
Real and RE/MAX Holdings Announce Preliminary Results for Election of Form of Merger Consideration by REMAX Stockholders and Expected Timing of Real Share Consolidation
Real and RE/MAX Holdings announced preliminary election results for their pending merger, revealing that cash elections exceeded the $80 million cap, triggering proration. Holders who elected cash will receive approximately $4.33 and 0.3535 shares of Real REMAX Common Stock per share, while stock electors will receive 0.5150 shares. To facilitate the transaction, Real will execute a 10-for-1 share consolidation on August 24, 2026, adjusting the exchange ratio accordingly. The merger is expected to close the same day, pending final court approval. Following the consolidation, shares of Real REMAX Group Inc. are expected to begin trading on the Nasdaq under the symbol REAX with a new CUSIP when markets open on August 25.
Real and RE/MAX Holdings Securityholders Approve Proposed Combination
Securityholders of Real (REAX) and RE/MAX Holdings (RMAX) have approved Real's proposed acquisition of RE/MAX Holdings, marking a major step toward creating the combined Real REMAX Group. The transaction received overwhelming support with 99% of Real votes and 78.8% of RE/MAX Holdings voting power; closing is expected in the next few weeks pending final court approval. The combined company will support over 180,000 agents across 120 countries with approximately $2.3 billion in pro forma 2025 revenue.
Golfweek and REMAX Announce Strategic Golf Real Estate Alliance
RE/MAX HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
RE/MAX Holdings reported second quarter revenue of $68.5 million, down 5.8% year-over-year, with a net loss of $4.3 million or $0.20 per share. Adjusted EBITDA decreased 12.6% to $22.9 million, driven by lower revenue and approximately $11.5 million in transaction costs related to the pending merger. The company entered into a definitive agreement to be acquired by The Real Brokerage, forming Real REMAX Group Inc. Shareholders may elect to receive 5.15 shares of the new entity or $13.80 in cash, subject to proration ensuring total cash consideration between $60 million and $80 million. Special meetings to approve the transaction are scheduled for August 14, 2026, with the deal expected to close in the second half of the year. Consequently, the company will not host an earnings call or provide forward guidance until the transaction concludes.
REMAX and Real Remind Stockholders of Deadline to Elect Form of Merger Consideration
Real and RE/MAX reminded stockholders of the upcoming deadline to elect the form of consideration in Real's pending acquisition of REMAX. The deadline for REMAX Class A stockholders of record to submit valid election forms is 5:00 p.m. New York City time on August 18, 2026. Stockholders who do not make an election will default to receiving 5.15 shares of Real REMAX Group Inc. stock per share of REMAX Class A Common Stock, subject to a consolidation adjustment to 0.515 shares prior to closing.
RE/MAX (RMAX) to Announce Quarterly Earnings on Thursday
RE/MAX HOLDINGS, INC. TO RELEASE SECOND QUARTER 2026 RESULTS ON AUGUST 6, 2026
RE/MAX Holdings, Inc. announced it will release its second quarter 2026 financial results after market close on Thursday, August 6, 2026. Due to the pending merger transaction with The Real Brokerage Inc., the company confirmed it will not be holding an earnings conference call.
Are RMAX, AXTA, CRBG, EQH Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLP is investigating Axalta's proposed sale to Akzo Nobel N.V. for potential breaches of fiduciary duty to shareholders. The firm notes that the proposed transaction terms may limit superior competing offers and encourages shareholders to contact them. The deal terms specify the exchange of 0.6539 shares of AkzoNobel stock for each share of Axalta common stock.
The U.S. Department of Justice granted early termination of the Hart-Scott-Rodino waiting period regarding RE/MAX Holdings proposed merger with The Real Brokerage Inc. This approval clears a significant regulatory hurdle for the transaction, which was originally announced on April 26, 2026. Closing of the merger remains subject to customary conditions, including approval from RE/MAX stockholders and The Real Brokerage securityholders.
RMAX: DEFM14A · acquisition merger
RE/MAX Holdings, Inc. (RMAX) and The Real Brokerage Inc. (REAX) have entered into a definitive agreement to merge, forming a new holding company named Real REMAX Group Inc. The transaction structure involves a 10-for-1 consolidation of Real shares, after which REMAX stockholders will have the right to elect to receive either 0.515 shares of the new company or $13.80 in cash for each REMAX share held. The aggregate cash consideration to REMAX stockholders will range from $60 million to $80 million depending on elections. Following the closing, former Real shareholders are expected to own approximately 60% of the combined company, with former REMAX stockholders owning approximately 40%. The transaction has been unanimously approved by the boards of both companies and is subject to approval by stockholders at special meetings scheduled for August 14, 2026. The boards of directors for both RE/MAX and Real recommend that stockholders vote in favor of the merger. Financing for the deal includes a $550 million bridge loan facility committed by Morgan Stanley Senior Funding, Inc. and Apollo Capital Management, L.P.
Are KORE, DAN, NSA, RMAX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating the proposed sale of Dana Incorporated to Eaton Corporation plc for potential breaches of fiduciary duties or federal securities law violations. The law firm encourages Dana shareholders to contact them to discuss their rights and options on a contingent fee basis. This is a standard solicitation from a plaintiff firm and does not represent new disclosure or action from the company itself.
Are CZR, RMAX, TBRG, SILA Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a shareholder-solicitation notice naming CZR, RMAX, TBRG, and SILA; no new disclosure from the companies themselves. The release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis. This is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.
Are SILA, TBRG, RMAX, GDOT Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a shareholder-solicitation notice naming Green Dot (GDOT) alongside Sila, TruBridge, and RE/MAX; no new disclosure from the company itself. The release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis regarding the proposed sale to Smith Ventures and CommerceOne. This is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.
RMAX: 425 · acquisition merger
The Real Brokerage Inc. (REAL) is acquiring RE/MAX Holdings, Inc. (1581091), creating the second-largest brokerage in the real estate industry. This strategic move combines Real’s technology and growth mindset with RE/MAX’s iconic brand and scale, aiming to address a tech gap and boost franchisee margins. Tamir Poleg, CEO of The Real Brokerage, stated that the two companies are complementary, with Real offering efficiency and a modern value proposition while RE/MAX provides brand recognition and office presence. The combined entity will operate both brands under one umbrella, allowing agents to choose between a tech-forward, flexible model or a traditional brand-name office experience. Poleg emphasized that the acquisition is driven by the belief that together they can build something amazing, leveraging Real’s tech platform to turn around RE/MAX’s slowing growth in North America. The deal is expected to provide the combined company with a significant seat at the table in industry discussions, including those around private listings and MLS data fragmentation.
Are TBRG, RMAX, GBTG Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a solicitation notice investigating potential fiduciary breaches in the sale of Global Business Travel Group to Long Lake Management. The release targets shareholders of GBTG, TBRG, and RMAX, encouraging them to contact the firm to discuss their rights regarding the respective M&A transactions. This is a routine plaintiff-firm marketing release with no new disclosure from the issuers or court action.
Are GBTG, MDV, RMAX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a shareholder-solicitation notice naming GBTG, MDV, and RMAX; no new disclosure from the companies themselves. The release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis. This is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.
Are CPRX, UNF, RMAX, ACR Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC, an investor rights law firm, is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the proposed sales of CPRX, UNF, RMAX, and ACR. The firm is concerned that insiders may receive substantial financial benefits not available to ordinary shareholders. The proposed transactions may contain terms that could limit superior competing offers. Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation.
$RMAX Acquisition Notification: Current RE/MAX Holdings Shareholders Are Reminded to Protect Your Rights in Upcoming Merger Transaction
Bleichmar Fonti & Auld LLP announced an investigation into RE/MAX Holdings' board and Chairman David Liniger regarding the pending merger with The Real Brokerage. The investigation concerns potential breaches of fiduciary duties and whether the merger consideration ($13.80 cash or 5.15 shares of post-merger entity) is unfair. This is a plaintiff firm solicitation encouraging shareholders to contact the firm; no legal action has been filed by the issuer itself.
RE/MAX (RMAX) Misses Q1 Earnings and Revenue Estimates
RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2026 RESULTS
$RMAX Stock Alert: RE/MAX Holdings Board Hit with Investigation Over $13.80 Merger Announcement -- Investors Have Rights
Bleichmar Fonti & Auld LLP announced an investigation into the RE/MAX Holdings board regarding the pending acquisition by The Real Brokerage Inc. for $13.80 per share. The investigation focuses on potential breaches of fiduciary duties and whether the merger consideration is unfair to public stockholders compared to insiders. This is a plaintiff law-firm solicitation urging RMAX investors to contact the firm for potential representation on a contingency fee basis.
$RMAX Legal Reminder: Current RE/MAX Holdings Shareholders Are Notified to Act to Protect Your Rights Before Merger Consummation
Bleichmar Fonti & Auld LLP announced an investigation into the RE/MAX Holdings board and chairman regarding the pending merger with The Real Brokerage Inc. The firm is soliciting shareholders to evaluate potential breaches of fiduciary duties, specifically concerning the merger consideration of $13.80 cash per share or 5.15 shares of the post-merger entity. This is a standard plaintiff-firm marketing release offering contingency-fee representation and does not constitute an issuer disclosure.
RMAX Legal Alert: RE/MAX Holdings Hit with Investigation Over $13.80 Merger Announcement
Bleichmar Fonti & Auld LLP announced an investigation into RE/MAX Holdings and its chairman regarding the pending merger with The Real Brokerage. The firm is probing whether the merger consideration of $13.80 cash per share represents an unfairly low price to shareholders. This is a solicitation for shareholders to join a potential class action on a contingency fee basis, not an issuer disclosure.
$RMAX Merger: RE/MAX Holdings Shareholders Are Notified of The Ongoing Investigation Into The Board After Merger Agreement Announced
Bleichmar Fonti & Auld LLP announced an investigation into RE/MAX Holdings' board and co-founder David Liniger regarding potential breaches of fiduciary duties. The investigation concerns the pending merger with The Real Brokerage, announced April 27, 2026, which offers shareholders either $13.80 cash or 5.15 shares of the post-merger entity. The firm is probing whether the deal price is unfairly low and if insiders are receiving undisclosed benefits, and is soliciting shareholders to contact the firm.
Are XOMA, RMAX, KALV Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC announced an investigation into KalVista Pharmaceuticals regarding its proposed sale to Chiesi Group for $27.00 per share in cash. The firm is examining potential violations of federal securities laws or breaches of fiduciary duty relating to the transaction terms and potential consideration. This release is a solicitation encouraging shareholders to contact the firm on a contingency fee basis to discuss their rights and options.
Are OGN, RMAX, XOMA, REAX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating Organon's proposed sale to Sun Pharmaceutical Industries Limited at a price of $14.00 per share. The investigation concerns potential violations of federal securities laws or breaches of fiduciary duty, specifically regarding whether insiders are receiving benefits not available to ordinary shareholders or if deal terms limit superior offers. Affected shareholders are encouraged to contact the firm to discuss their rights and options regarding the transaction.
RE/MAX Holdings, Inc. (RMAX) M&A Call Transcript
RE/MAX Holdings, Inc. has entered into a definitive agreement to be acquired by The Real Brokerage Inc. in a transaction valued at approximately $880 million in enterprise value. Under the terms, RE/MAX shareholders can elect to receive either 5.152 shares of the new Real REMAX Group or $13.80 in cash per share, with the aggregate cash proceeds capped between $60 million and $80 million. The combined company, to be named Real REMAX Group, is expected to generate approximately $2.3 billion in annual revenue and $157 million in Adjusted EBITDA on a pro forma basis for 2025. The transaction is anticipated to be accretive to Real's earnings within the first full year and includes cost synergies of approximately $30 million. Real has secured a $550 million financing commitment from Morgan Stanley and Apollo to refinance RE/MAX's existing debt and fund the cash portion of the transaction. Following the closing, expected in the second half of 2026, Real shareholders will own approximately 59% of the combined company, while RE/MAX Holdings shareholders will own about 41%.
Re/Max Nears Sale to Tech-Focused Real-Estate Firm
RE/MAX (RMAX) Projected to Post Quarterly Earnings on Thursday
RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2026 RESULTS ON MAY 7, 2026
RE/MAX Holdings announced it will release first quarter 2026 financial results after the market closes on Thursday, May 7, 2026. Management will host a conference call and webcast to discuss the results on Friday, May 8, 2026, at 8:30 a.m. Eastern Time. The company franchises real estate brokerages globally under the REMAX brand and mortgage brokerages in the U.S. under the Motto Mortgage brand.
What Makes RE/MAX (RMAX) a New Buy Stock
