I read this on Bloomberg earlier and am keeping my fingers crossed that it happens. Zillow has demonstrated it is incapable of acting in a fair minded way regarding the unwanted zestimates it imposes on 110 millions homes and refuses all reasonable requests to correct or delete the nonsense valuation.
Hopefully, Google will abandon the zestimate gimmick that serves no useful purpose other than generate controversy to attract users to the Zillow website. Google will be able to accomplish this with intellectual capability rather than the neo facist like behavior of Zillow as they stamp on homeowners who have the audacity to question erroneous zestimates. Zillow being absorbed into Google and disappearing into some obscure vertical group would be productive and no tears would be shed with its passing.
So on January 22nd ZiIllow CEO posts the following comment on Twitter "Rooting for $GOOG earnings after-hours today. Go go go google.". Next Day Zillow stock jumps on the rumor of a $45 a share Google acquisition of Zillow. Very interesting what the SEC will make of such comments in the circumstances. Will they investigate the intent of the post? or just regard it as an error of judgement by self proclaimed "social network CEO" Spencer Rascoff, or just an unfortunate coincidence?