Zillow Purchase Of Trulia Lowers Costs, Competition

By | July 28, 2014

Scalper1 News

Online real estate leader Zillow on Monday confirmed it had reached a deal to buy top rival Trulia, potentially generating savings but worrying real estate agents who fear rising ad costs. Zillow (Z) stock rose to a new high for the third straight day since rumors of the pending acquisition surfaced Thursday. Zillow will buy Trulia (TRLA) in a stock swap originally valued at $3.5 billion. The deal will combine two companies Scalper1 News

Scalper1 News