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

Nov. 14, 2013 11:33 AM ETAnywhere Real Estate Inc. (HOUS)Z, HOUSBy: Eric Jhonsa, 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.
  • Previous: Trulia jumps following Realogy M&A rumor

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