Zillow Inc. has agreed to acquire
smaller rival Trulia Inc. !
These Real Estate ventures are in
for a stock-for-stock deal valued at about $3.5 billion. The deal, was approved
by the board of directors of both companies and is expected to close by mid
2015.
WLCI
feels that this news is a happy one for the American real estate market as this
merger will only benefit the buyers and small time real-estate companies.
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