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Zillow to cut 350 jobs after Trulia buy

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Published Wed, Feb 18, 2015 · 09:50 PM

    New York

    ZILLOW Inc completed its acquisition of rival real-estate website Trulia Inc and announced 350 job cuts as the combined company works to integrate operations.

    The final value of the deal was US$2.5 billion including stock-based compensation, the company, which will now be known as Zillow Group Inc, said in a statement on Tuesday. That reflects a decline in Zillow's share price since the agreement was signed in July.

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