Z - Zillow Group, Inc.

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Zillow Group, Inc. (Z) operates the real estate and home-related information marketplaces on mobile and the Web, with a portfolio of brands and products to help people find information about homes and connect with local professionals. The Company's brands focus on all stages of the home lifecycle: renting, buying, selling, financing and home improvement. Its portfolio of consumer brands includes real estate and rental marketplaces: Zillow, Trulia, StreetEasy and HotPads. In addition, it provides advertising services to real estate agents, and rental and mortgage professionals. It also owns and operates various brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions and Retsly. Its database includes over 110 million homes in the United States, including homes for sale, homes for rent and homes not on the market. Its Premier Agent program offers a suite of marketing and business technology solutions.

 

Zillow (ZG) to Pay $130M in Settlement with News Corp's (NWSA) Move
On June 6, 2016, Move, Inc., a subsidiary of News Corporation (NYSE: NWSA), the National Association of Realtors® and certain related entities entered into a settlement agreement and release with Zillow, Inc. (NYSE: ZG), Errol Samuelson and Curt Beardsley with respect to the lawsuit previously filed by the Plaintiffs against the Defendants. Under the terms of the Settlement Agreement, Zillow will pay the Plaintiffs $130 million and the pending litigation will be dismissed. Pursuant to an agreement with Move, NAR is entitled to 10% of the settlement proceeds after deduction of Move's litigation-related costs and fees, with the remainder being paid to Move.

Source: http://www.streetinsider.com/Corpor...ent+with+News+Corps+(NWSA)+Move/11713764.html

 

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