Zillow has closed on its $500 million acquisition of the home viewing scheduling platform ShowingTime, despite the deal facing opposition and intense regulatory review. Zillow first announced its plans to buy ShowingTIme in April, however the deal was held up when the Federal Trad Commission announced it was carrying out a review to ensure the
The FTC is investigating Opendoor over its advertising practices
October 12, 2020 by
iBuying company Opendoor is under investigation by the Federal Trade Commission over its advertising practices and the way it presents its real estate offerings to consumers. HousingWire reported last week that the FTC’s investigation was revealed by Opendoor’s S-4 statement, which revealed how the firm intends to go public via a merger with a special
