Bloomberg: Zillow looking to buy Trulia

|About: Zillow Group, Inc. (Z)|By:, SA News Editor

Bloomberg reports Zillow (Z +18%) is looking to acquire Trulia (TRLA +21.6%). Shares of both companies have skyrocketed in response. Move (MOVE +5.2%) is also getting a lift.

The report comes 9 days after Realogy announced it's buying ZipRealty for a 100%+ premium.

Zillow's market cap is currently at $5.9B, and Trulia's at $1.9B.