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Trulia: IPO will be 5 million shares

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Editor's note: This story has been corrected to note that an offering of Zillow shares that closed Sept. 24 was a follow-on offering dilutive to existing shareholders, not a secondary offering of previously issued shares. Real estate search and marketing portal Trulia Inc. said today it expects to to raise about $66 million after expenses in an initial public offering of 5 million shares if the company's stock is priced at $15 a share, the midpoint of a $14 to $16 estimated offering price range.If underwriters exercise an option to purchase 900,000 additional shares, net proceeds from Trulia's IPO would total $78.3 million, the company said in a regulatory filing -- about what rival Zillow raised when it went public last year. After the IPO, all of three of the largest real estate search portals on the Internet -- Zillow, Trulia and -- will be operated by publicly traded companies.In July, 2011, Zillow raised $75.7 million in an IPO and private placement of 3.7 million shar...