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Non-Tech : TRLA-Trulia Real Estate Site

TRLA 4.160

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Sep 28 5:00 PM EST

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From: Savant	7/25/2014 1:16:56 AM
	of 23

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday July 24, 2014: Report Zillow May Bid $2B for Trulia The Rumor: Shares of real estate website companies Trulia (NYSE: TRLA) and Zillow (NYSE: Z) surged to new all-time highs Thursday, on a report from Bloomberg, that Zillow could offer $2 billion for its rival. A deal could be announced as early as next week, according to sources. Shares of Realtor.com operator, Move, Inc. (NASDAQ: MOVE) and Century 21 owner Realogy (NYSE: RLGY) also moved higher on the report. Benzinga reported on June 17 that Trulia was in talks to acquire Move. Spokespersons for Zillow and Trulia declined comment. Trulia shares closed Thursday at $53.74, a gain of more than 32%, while Zillow gained 15% to close at $145.76. Read more: benzinga.com

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