Trulia Rumored To Acquire Move
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.
Posted-In: News Rumors Hot Movers
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