Zillow inks deal with AOL Real Estate, Trulia completes $223M financing

Trulia has just finished raising $223M in order to repurchase shares of common stock, pay off debts, and the rest is for general use, though part of it is said to be going into acquiring and investing in other business. This is nothing new, as they acquired Market Leader earlier this year already.
Zillow has a habit of doing this as well. Though the details of this deal are unclear right now, it looks like Zillow may be the new search option fro AOL Real Estate. Move Inc's Realtor.com had been their search system, but they have just ended their two-year partnership, opening up the opportunity for Zillow.

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POSTED December 19 2013 12:35 PM

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