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Author Topic: sold to CoStar Group  (Read 431 times)

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« on: September 14, 2017, 06:29:54 AM »
CoStar Group, a provider of real estate data, is buying for $350 million in cash and $35 million in stock. is a rental apartment listing business that receives approximately eight million online visits a month and lists around 17,000 apartment communities. CoStar purchased for $585 million and the new purchase allows them to augment their rental offerings. The network receives over 37 million visits a month and lists approximately one million apartments. Andrew Florance, CoStar's founder stated that the acquisition could increase CoStar’s rental revenue to $400 million a year. – FOX BUSINESS

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