Technology

Zillow, Trulia share prices sag as merger review drags on

Zillow continues preparations for life after ListHub

While the Federal Trade Commission is expected to wrap up its review of the Zillow-Trulia merger any day now, share prices in the respective firms' stocks continue to drop. They're down close to 20 percent over the last month. Company Share price* (% change from Dec. 12) Zillow $96.44 (-18.9%) Trulia $42.03 (-17.0%) News Corp. $14.54 (-0.8%) Source: Google Finance *As of market close on Friday, January 16, 2015 The emergence of a feisty competitor in Rupert Murdoch, chairman of realtor.com's new owner, News Corp., could account for some of the stocks' recent decline. Investors may also be wary of conditions the FTC could place on the Zillow-Trulia merger. The deal, announced in July and approved by shareholders Dec. 18, is still under review by the FTC, which made second requests for information from the companies in early September. Zillow has agreed to hold off on closing the deal until Feb. 15, unless the FTC wraps up its review before...