Zillow and Trulia appear to be moving closer to closing their historic tie-up, one that could create a massive player in the online real estate arena.
Seeking Alpha reports that the FTC plans to green-light the deal.
“There’s nothing to announce. We continue to cooperate with the FTC’s ongoing investigation,” said a Zillow spokeswoman.
Shares of Zillow were up more than 12 percent, while Trulia was up 14 percent.
Zillow said last month that it would not close the deal before February 15, so as to allow the FTC to review particulars of the deal. Zillow also said that its Zillow Pro for Brokers product has surpassed 5,000 brokers, more than doubling in size since July 2014.
