(RTTNews) - Redfin (RDFN) said that it agreed to buy RentPath, the Atlanta-based owner of ApartmentGuide.com, Rent.com, and Rentals.com, for $608 million in cash.
The company noted that the acquisition will bring together a leading site for buying a home with a leading site for renting a home.
The Boards of Directors of both companies have approved the transaction.
The closing of the transaction is not contingent on financing.
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