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Zillow Seeks to Raise $48.5 Million in Initial Share Sale

Zillow Inc., an online real-estate information service, is seeking to raise as much as $48.5 million in its initial public offering.

The Seattle-based company is offering 3.46 million shares for $12 to $14 each, according to a filing today with the U.S. Securities and Exchange Commission. The IPO will price on July 19, according to data compiled by Bloomberg.