Trulia has no comment on a report by Benzinga that it's in talks to acquire realtor.com operator Move Inc. for $18 a share, Bloomberg reports. Benzinga's report was based on a single, anonymous source. Trulia declined to comment in an email to Bloomberg, theflyonthewall.com reports. Trulia and Move also declined to comment to Inman News. "Move declines to comment on market speculation and rumors," said Mary Fallon, vice president of communications and social media at Move. But some analysts who follow Zillow, Trulia and Move think consolidation in the space is likely. Shares of Zillow and Trulia were up this week after analysts at Canaccord Genuity upped their target price for Zillow, citing growth potential and the possibility of an eventual merger of Zillow and Trulia. ...
Jun 16, 2014 by Inman
May 29, 2014 by Brad Inman