This Slide: #34 of 100 |
Slide #34. CoStar Group — Apartments.com
Acquirer:
CoStar Group (NASDAQ:CSGP)
Acquiree:
Apartments.com
Details:
CoStar Group, Inc. (Nasdaq:CSGP) announced today that it has completed the acquisition of Apartments.com previously announced on March 3, 2014, creating the combined online information and marketplace leader in commercial real estate's $2 trillion multifamily asset class. CoStar is commercial real estate's leading provider of information, analytics and marketplaces and Apartments.com is a leading apartment rental marketplace.
CoStar Group is a provider of information, analytics, online marketplace and auction services to the commercial real estate and related business community through its proprietary database of commercial real estate information and related tools. Co. provides online marketplaces for commercial real estate, apartment rentals, residential real estate, land for sale and businesses for sale, and its services are typically distributed to its clients under subscription-based agreements that typically renew automatically. Co. operates within two operating segments, North America, which includes the U.S. and Canada, and International, which primarily includes Europe, Asia-Pacific and Latin America.
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Buy (3.36 out of 4) 50th percentile
(ranked higher than approx. 50% of all stocks covered)
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