Market Overview

Zillow Agrees to Buy HotPads for $16M in Cash

Related Z
SunTrust's Bob Peck Comments On The Zillow/Trulia Acquisition
Benzinga's M&A Chatter for Monday July 28, 2014
The Zillow-Trulia Tie-Up is Less Exciting than You Think (Fox Business)

Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today announced it has entered into a definitive agreement to buy San Francisco-based HotPads, a map-based rental and real estate search site for $16 million in cash. This is Zillow's first acquisition of a primarily consumer-facing company. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the fourth quarter of 2012.

Posted-In: News M&A

 

Most Popular

Related Articles (Z)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters