- Wells Fargo reports Realogy (RLGY +3.3%) execs downplayed the possibility their company or a rival would acquire an online real estate platform such as Trulia (TRLA -3.5%) during an investor meeting yesterday.
- Realogy pointed out such an acquisition would likely lead rival real estate brokers to pull their inventory from the acquired company.
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Trulia slips as Realogy throws cold water on M&A rumor
Nov 14 2013, 11:33 ET