Fathom, Bed Bath and Beyond terminate merger

Fathom Holdings Inc. and Neighborhood Intelligence Inc. — formerly known as Bed Bath and Beyond prior to an August 2026 name change — have mutually agreed to terminate their previously announced merger agreement, with both companies saying current market valuations do not reflect their fair value, the firms said in a joint announcement on Monday. The decision halts a planned combination that would have tied Fathom’s national real estate brokerage and title operations more closely to Neighborhood Intelligence’s technology and data assets. Both boards concluded that moving forward at current share prices would not be in shareholders’ best interests. “We entered into the merger transaction because we believed that combining Fathom’s national real estate and title businesses with Neighborhood Intelligence’s technology, data and other assets had the potential to create long-term value,” said Scott Flanders, Fathom’s chairman of the board. “At current valuations, however, we do not believe a merger appropriately reflects the fair value of either company.” Neighborhood Intelligence, which trades on the Nasdaq exchange under the ticker symbol NXH, also said it will retain ownership and con...