Shareholders of The Real Brokerage Inc. and REMAX Holdings Inc. on Friday approved Real’s proposed acquisition of REMAX, moving the companies closer to forming Real REMAX Group after their respective votes. The votes were held at special meetings of both companies’ security holders, according to the announcement. The proposed acquisition was first announced in April 2026. Upon closing, the combined company will operate as Real REMAX Group, bringing together Real’s technology-focused brokerage platform and agent community with the REMAX global franchise network and brand. The special resolution approving the arrangement was backed by approximately 99% of the votes cast by Real shareholders, and 98.9% of the votes cast by Real shareholders, optionholders and restricted share unit holders voting together as a single class. At REMAX Holdings, holders of about 78.8% of the voting power of common stock voted to approve the acquisition. The transaction is still subject to remaining closing conditions, including a final order from the Supreme Court of British Columbia approving the arrangement aspects of the deal. The companies said they expect closing to occur shortly after all closing co...
Real shareholders approve REMAX acquisition, closing nears
1 day ago
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- Real shareholders approve REMAX acquisition, closing nears
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