Zillow Jumps As CEO Talks Merger Strategy, Cuts Jobs

By | February 18, 2015

Scalper1 News

Zillow (Z) stock jumped Wednesday as the company’s morning merger conference call with analysts laid out how the two biggest websites for house hunters — Zillow.com and Trulia.com — will make money as a combined company, Zillow Group. Executives said the $2.5 billion stock-swap merger, finalized late Tuesday, comes with 280 immediate job cuts, with 70 more slated in about three Scalper1 News

Scalper1 News