Realogy Holdings Corp., owner of brokerage brands Coldwell Banker and Century 21, agreed to buy ZipRealty Inc. for about $166 million.
Realogy, based in Madison, New Jersey, said it will pay $6.75 a share in cash for ZipRealty, 123 percent more than today’s closing price. Emeryville, California-based ZipRealty operates 23 residential brokerages in the U.S. and an Internet-based marketing platform, Realogy said in a statement.
