CoStar Group Agrees to Acquire RentPath from Chapter 11 Bankruptcy
CoStar Group, Inc. (CSGP)
Last costar group, inc. earnings: 4/28 04:02 pm
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Source: Business Wire
CoStar Group expects to invest in Rent.com and ApartmentGuide.com to preserve and grow leads for RentPath’s 28,000 clientsCoStar Management to Hold Conference Call at 8:00 AM Wednesday February 12 to Discuss WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has signed an agreement to acquire RentPath’s business for $588 million in cash, in connection with RentPath’s recently announced Chapter 11 bankruptcy process.RentPath’s primary service is digital marketing for rental properties through a network of Internet listing websites, including Rent.com, ApartmentGuide.com, Rentals.com and Lovely.com. The RentPath network of websites generated over 21 million monthly visits and almost 9 million monthly unique visitors in 2019, according to comScore, and had approximately 28,000 properties advertised on its network as of December, 2019. RentPath is headquart
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CSGP
Earnings
- 4/23/24 - Beat
CSGP
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/10/24 - Form 4
- CSGP's page on the SEC website