Zillow (Z) to Acquire Mortech in Cash and Stock Deal
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Zillow (Z) Completes Cash, Stock Acquisition of Mortech
November 30, 2012 4:19 PM ESTZillow (NASDAQ: Z) has completed the acquisition of Mortech, Inc. for approximately $12 million in cash and 150,000 shares of restricted stock. The planned acquisition was announced earlier this month.
Mortech accelerates the development of Zillow® Mortgage Marketplace, Zillow's lending marketplace where borrowers can connect instantly... More
Analysts Defend Zillow (Z) After Messy Q3, Q4 Guidance; "Good Entry Point"
November 6, 2012 8:33 AM ESTShares of Zillow (NASDAQ: Z) are under massive pressure Tuesday following lackluster Q3 results and Q4 guidance after the close. However, despite the disappointing results many analysts on Wall Street are out defending the stock given the 20% sell-off.
Canaccord Genuity - "Zillow's results/guidance were messy on the surface and strong underneath. All key metrics in the core Marketplaces business were ahead of expectations, and despite... More
