Businessweek Magazine Suggests
Zillow Wants to Buy Trulia
Logo property of BusnissWeek.
In an article on 7/24/14, reported by Alex Sherman, Jeffrey McCracken and Prashant Gopal, entitled Zillow Seeking to Buy Rival Property Site Trulia, BusinessWeek magazine suggests that Zillow wants to buy Trulia.
The article states "Zillow, the largest U.S. real estate website, is seeking to buy No. 2 Trulia for as much as $2 billion in cash and stock, according to people with knowledge of the matter. An agreement may be announced as soon as next week, said one of the people, who asked not to be identified because the information is private. Talks are ongoing and may not lead to a deal."
Another source is RISMedia eNews, reporting a similar scenario.
The combination would create yet another change for ActiveRain members. One can only hope that the higher-ups at Zillow, some of whom started out at ActiveRain, will leave the current AR staff in charge of day-to-day AR activities.
ActiveRain gains strength daily and will continue to be a strong asset for whomever is the owner of ActiveRain. What is that saying? "Too many cooks spoil the broth." Or is it "Leave well enough alone." Or perhaps "Don't spoil a good thing."
Anyway - you get the picture ...
Have a happy day,
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