CoStar Group (NASDAQ: CSGP), the parent company of Apartments.com and Homes.com, announced its intention to acquire Matterport (NASDAQ: MTTR), a virtual tour software platform, for an enterprise value of $1.6 billion. CoStar management believes the deal will go through before the end of 2024, but it ...
motleyfoolusx:csgpusx:mttr
Shares of spatial data company Matterport (NASDAQ: MTTR) jumped on Monday morning after the company announced it was being acquired by CoStar (NASDAQ: CSGP). According to data provided by S&P Global Market Intelligence, the stock was up as much as 175.3% and is up 170.7% for the week as of 2:30 p.m. ...
motleyfoolusx:csgpusx:mttr
Online real estate marketplace CoStar Group (NASDAQ: CSGP) has agreed to buy Matterport (NASDAQ: MTTR) for a significant premium to the target's Friday close. Investors are rallying into Matterport shares, sending the stock up 180% as of 1 p.m. Monday. Matterport is a spatial data company focused on ...
motleyfoolusx:csgpusx:mttr
Matterport (NASDAQ: MTTR) is being acquired by CoStar Group (NASDAQ: CSGP) for an incredible 216% premium from Friday's closing price. In this video, Travis Hoium goes through the deal and everything you need to know. *Stock prices used were end-of-day prices of April 22, 2024. The video was published ...
motleyfoolusx:csgpusx:mttr
