Zillow set to acquire StreetEasy for $50 million In a bid to expand its coverage in New York, Zillow has entered into a definitive agreement to acquire listing site StreetEasy, Zillow announced.
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Zillow will spend $50 million acquiring New york real estate website, StreetEasy, giving the online real estate site a deeper reach into a key housing market.
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The real estate Web site Zillow will acquire StreetEasy, a much smaller site, for about $50 million to patch what it described as a "glaring hole" in its coverage. To Cover New York, Zillow Buys a.
Zillow buys StreetEasy for $50M, sells more stock. The offering was priced at $82 per share, below the stock’s Monday closing price of $84.74. Zillow shares shed $6.48, or more than 7 percent, during the regular session, then dropped another $1.59 in extended trading.
Media&Contact:&& KatieCurnutte,Zillow& firstname.lastname@example.org&!! Zillow!to!Acquire!StreetEasy,!!New!York’s!Leading!Real!EstateWebsite!
NEW YORK – Zillow, operator of the largest US real-estate website, has agreed to acquire StreetEasy for $50 million in cash to expand its coverage of the New York market.
Fannie Mae sees 2012 home sales up 3.5% to 4.74 million Glimmer of hope in real estate sector sparks handicapping of early leaders – “The number of households headed by someone between the ages of 25 and 44 fell by 3.5 million during the housing crisis,” Mr. Schnure said. “They all doubled up, got roommates. “If it’s being sold.
Zillow, operator of the largest U.S. real-estate website, agreed to acquire StreetEasy for $50 million in cash to expand its coverage of the New York market. StreetEasy has about 1.2.
From the New york site: real estate information giant Zillow will pay $50 million to acquire New York city-based listings site streeteasy, the company announced this morning. The all-cash.
Zillow to pay $50M for StreetEasy. In May 2012, Zillow paid $40 million for San Francisco-based rental management company RentJuice, and in November of the same year, shelled out $16 million to acquire rival HotPads .- Hiten Samtani.