Zillow (NASDAQ:Z) said Monday it agreed to buy rival Trulia (NYSE:TRLA) for $3.5 billion in stock. Assuming the deal closes as planned, Zillow would dominate the online consumer real-estate space.
NEW YORK, July 28 (Reuters) - U.S. stocks ended nearly flat on Monday as the latest deal news offset losses following soft data on the housing market and services sector.
U.S. stocks fluctuated, erasing an earlier loss, as merger activity offset concerns over crises abroad and weaker home-sales data before a Federal Reserve policy decision.
Dollar Tree's (NASDAQ:DLTR) announcement that it will buy Family Dollar Stores (NYSE:FDO) for $8.5 billion shows that while dollar stores were once an afterthought in the retail industry, they have become an increasingly important player - for investors ...
... * Russia to appeal "politically biased decision". * Lawyers say it will be hard to enforce the award. * Ruling comes amid East-West rift over Ukraine.