Zillow to acquire StreetEasy for $50M

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& 206775772701&or&press@zillow.com&!! 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.

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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.