Opendoor announces merger with Social Capital Hedosophia Holdings Corp. in bid to go public

Sep 15, 2020 |

iBuying platform Opendoor said it will merge with Social Capital Hedosophia Holdings Corp. II. to become a public company using the special purchase acquisition company in a deal that values Opendoor at $4.8 billion and provides it with up to $1 billion in cash proceeds. The transaction announced on Tuesday is also supported by a […more]

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