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Slide #92. CoStar Group — Apartments.com
CoStar Group (NASDAQ:CSGP)
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 provides information, analytics and online marketplace services to the commercial real estate and related business community through its database of commercial real estate information covering the U.S., the U.K., and parts of Canada, Spain, Germany and France. Co. provides online marketplaces for commercial real estate, apartment rentals, lands for sale and businesses for sale. Co. operates within two operating segments, North America and International, and its services are distributed to its clients under subscription-based license agreements that renew automatically, a majority of which have a term of one year.
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Buy (3.33 out of 4)
(ranked higher than approx. 57% of all stocks covered)
Based on Zacks ABR data;
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