Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal

By Darrell Etherington

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Zillow is going to acquire Trulia in a deal worth $3.5 billion in stock, according to the company. The combination of these two real estate tech companies should secure Zillow’s position as a market leader in the U.S., with Trulia CEO Pete Flint staying on in his role but reporting to Zillow CEO Spencer Rascoff. Flint and one other board member from Trulia will join the new combined board… Read More

Source: Technology