A surprisingly high number of shareholders for both Zillow and Trulia voted yesterday to approve the much-anticipated merger between the two online real estate powerhouses. According to Housing Wire, more than 88 percent of Zillow shareholders and more than 79 percent of Trulia shareholders voted in favor of the proposed merger. Before the deal can be finalized it needs to jump one more hurdle: FTC approval. The earliest speculators say that will happen is Feb. 1.
Read the entire article to learn how the vote will impact shareholder stock value.