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.

A digital version of the old rent-to-own model, Divvy buys homes for clients who can’t qualify for a standard mortgage and then becomes their landlord. A 1-2% upfront fee and a portion of ...

Divvy, a rent-to-own home startup, said this week that it has nabbed $43 million in a Series B funding round. A number of startups are looking to attract business by offering alternatives to ...