Realogy's Smith: Pure Play Real Estate Investment

Oct. 11 (Bloomberg) -- Bloomberg's Josh Lipton reports that Realogy Holdings Corp., the real estate brokerage company controlled by Apollo Global Management LLC, rose as much as 29 percent in its first day of trading as investors bet on a housing recovery. CEO Richard Smith called the company a pure play investment opportunity. He speaks on Bloomberg Television's "Money Moves."

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58:06 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
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