Costar group offers to acquire leading uk residential property portal onthemarket

Washington--(business wire)--costar group, inc. (nasdaq: csgp), a leading global provider of online real estate marketplaces, information, and analytics, announced a proposal today to acquire onthemarket, the third most visited residential property portal in the united kingdom, for £1.10 per share in cash or approximately £100 million. onthemarket was founded by agents in 2013 to provide a competitive alternative to the existing uk property portals. since then, it has successfully developed a l.
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