The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.

At the time, high home prices and low interest rates made the concept appealing to would-be buyers. Venture capital firms also liked the idea. In 2021, Divvy raised new funding at a $2 billion ...

Buying a home, particularly for Millennials ... enough to discourage potential buyers from even trying. Enter Divvy, one of the many Silicon Valley startups working to change the way people ...