Costar group to acquire matterport, the global leader in immersive 3d digital twins and artificial intelligence for the real estate industry that makes properties intuitive and interactive online

Washington--(business wire)--costar group, inc. (nasdaq: csgp), a leading provider of online real estate marketplaces, information and analytics in the property markets announced today that it has reached a definitive agreement to acquire all outstanding shares of matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion of enterprise value. under the terms and subject to the conditions of the agreement, matterport stockholders will receive $2.75.
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