Costar group to acquire equity interests of str, strg for $450 mln

Costar group inc - on september 30, entered into a securities purchase agreement.costar group - buyers will acquire all of issued & outstanding equity interests of each of str and strg for $450 million.costar - agreement may be terminated by buyers or sellers under certain circumstances, including if acquisition is not consummated by jan 1, 2020.costar - upon termination of agreement under specified circumstances, buyers will be required to pay to sellers a cash termination fee of $22.5 million.
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