Trulia slips as Realogy throws cold water on M&A rumor

|About: Realogy Holdings (RLGY)|By:, SA News Editor

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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