SEATTLE and SAN FRANCISCO, Dec. 14, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), the leading real estate information marketplace, today announced it has completed the acquisition of San Francisco-based HotPads, a map-based rental and real estate search site, for approximately $16 million in cash. The company announced its plans to acquire HotPads on Nov. 26. This is Zillow's first acquisition of a consumer-facing company.
Zillow Completes Acquisition Of HotPads
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