Scalper1 News
Move, the No. 3 online real estate company that last week agreed to be acquired by media empire News Corp. for $950 million, was destined to link up with a bigger player after its two top rivals announced plans to merge. The merger of those two companies, Zillow (Z)and Trulia (TRLA), is nicknamed “Godzulia” in the industry. “There was certainly pressure on (Move) to join up with someone else, once Zillow and Trulia merged,” B. Riley & Co. analyst Scalper1 News
Scalper1 News