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Frontdoor Completes Acquisition of 2-10 Home Buyers Warranty
FTDRFrontdoor(FTDR) ZACKS·2024-12-20 22:25

Frontdoor, Inc. (FTDR) has completed the acquisition of 2-10 Home Buyers Warranty (“2-10 HBW”). The company received all regulatory approvals and satisfied the closing conditions required for the deal.The all-cash transaction was valued at $585 million. The final purchase price is subject to adjustments based on factors such as cash, debt, transaction expenses, working capital and regulatory capital at closing.Shares of FTDR lost 0.6% during the trading session and 1.9% in the after-hour trading session yes ...