Frontdoor, inc. to acquire 2-10 home buyers warranty for $585 million in cash

Memphis, tenn.--(business wire)--frontdoor, inc. (nasdaq: ftdr), the nation's leading provider of home warranties, today announced it has entered into an agreement to acquire 2-10 home buyers warranty (2-10 hbw) in an all cash transaction valued at $585 million. the transaction is anticipated to close in the fourth quarter of 2024, subject to regulatory approval and other customary closing conditions. founded in denver in 1980, 2-10 hbw is a leading provider of new home structural warranty prot.
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