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Trulia Rumored To Acquire Move

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Shares of Move (NASDAQ: MOVE) are jumping in Tuesday’s mid-day trading as a source told Benzinga Trulia (NYSE: TRLA) could be kicking the tires on the company.

According to a person familiar with the matter, the deal could be around or near the high-teen range, potentially around $18 per share.

Benzinga reached out for comment, but both companies declined to comment on the matter. Stay tuned for details.

Shares of Move are up 3.17 percent to $14.37.

Shares of Trulia are up 5.41 percent to $46.35.

 

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