Opendoor to go public in Social Capital merger in $4.8-billion deal - Comprehensive, up-to-date news coverage, aggregated from sources all over the world ,

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Tuesday, 15 September 2020

Opendoor to go public in Social Capital merger in $4.8-billion deal

(Reuters) - Opendoor Labs Inc, the home-selling platform backed by SoftBank Group <9984.T>, said on Tuesday it has agreed to go public through a merger with a blank-check company led by venture investor Chamath Palihapitiya in a deal that will value the company at $4.8 billion.

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