Homestore Buys Move.com

Share this article:
Online real estate company Homestore.com said Friday that it has agreed to buy real estate portal Move.com from Cendant Corp.


The all-stock deal, valued at $761 million, is expected to create the largest Internet-based real estate service.


Under terms of the deal, Cendant's assets -- such as move.com, apartment locator service Rent Net, direct marketing company Welcome Wagon and other Move.com Web sites -- will be integrated into Homestore's Web properties.
Share this article:
close

Next Article in Data/Analytics

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Data/Analytics

Oracle Data Cloud Floats Into View

Oracle Data Cloud Floats Into View

It merges its BlueKai capabilities with other assets to introduce Oracle Data as a Service for marketing and social.

AmEx Veteran Takes COO Role at Acxiom

AmEx Veteran Takes COO Role at Acxiom

Kerry Hatch ran American Express's OPEN business card division and led units at Starwood and Time Inc.

Red Roof Inn Turns Weather Woes Into Major Sales

Red Roof Inn Turns Weather Woes Into Major ...

The hotel chain woos stranded airline passengers with deals based on flight cancellations.