Online real estate firm Zillow to acquire SteetEasy in $50mn deal

NEW YORK – Zillow, Inc., the largest U.S. real estate and home-related marketplace, has entered into a definitive agreement to acquire StreetEasy, the rival real estate website in New York City, for $50 million in cash. The company said the acquisition was an effort to enter one of the most lucrative US housing markets. “StreetEasy has cracked the code in New York,” said Zillow boss Spencer …

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