Realogy to buy ZipRealty for premium

15 Jul 2014
Zip it! Realogy, the real estate giant better known for its real estate brands Century 21, Better Homes and Gardens Real Estate, Coldwell Banker, the Corcoran Group and ERA (among others), is buying Zip Realty, offering a premium price of more than twice the price Zip Realty was trading for at the close today. Realogy (NYSE: RLGY) offered $166 million cash for Zip, and said it would be accre


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Peter M. Zollman

Peter M. Zollman brings more than 35 years of media experience to his role as founding principal of the AIM Group / Classified Intelligence Report. He has worked with a wide range of media companies, dot-coms, technology providers and start-ups to develop and expand successful interactive-media services. He is based in Altamonte Springs, Fla., near Orlando.