Re/Max being acquired, headquarters to leave Colorado

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The Real Brokerage Inc. and Re/Max Holdings, Inc. have reached an agreement for Real to buy Re/Max in a cash-and-stock transaction, the companies said in a joint announcement Monday.

Under the agreement, the two companies will combine to form a new, global real estate platform called Real Re/Max Group, headquartered in Miami.

Read more of the story and watch the video below.

What are your thoughts on this merger?