Trulia Shares Through The Roof On Zillow Merger Talk
Trulia (TRLA) shares went through the roof on talk that real-estate listing site Zillow (Z) is looking to acquire its competitor. Shares of Trulia shot up 32% to 53.74 in the stock market today, hitting a record 57 intraday. Zillow shares soared 15% to 145.76 after setting a new high of 157.62 intraday. The deal, valued at as much as $2 billion, could be made public as soon as next week, said Bloomberg, though nothing has been finalized. After