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Realogy denies merger talks with Compass

Sep 09, 2019By

Realogy, the biggest U.S. real estate brokerage, on Monday took the unusual step of disclosing to the Securities and Exchange Commission an internal memo sent by CEO Ryan Schneider to his employees outlining something that wasn’t going to happen. “We want to be clear with you that we have never had discussions to sell or merge Realogy with Compass,” Schneider told his employees.