Report: One of Social Capital's newest blank-check companies is looking to reverse merge with Opendoor

According to a new report in Bloomberg, Opendoor, the San Francisco-based company that aims to help people buy and sell homes with the “push of a button," is in advanced talks to go public through a merger with Social Capital Hedosophia Holdings Corp. II.The outlet says the blank-check company, which raised $360 million in April and is led by Palihapitiya, is "discussing raising fresh equity to help fund the transaction with prospective investors" and that the combined company would be val