Tuesday, 19 May 2020

CoStar adding $1.25B to war chest

CoStar wants to add $1.25 billion to its war chest. The commercial real estate data giant announced the sale of common stock Tuesday. In a regulatory filing, the company said it would use some of the proceeds to fund new acquisitions and “to finance the growth of its business.” With a $24 billion market cap, CoStar is already the largest provider of commercial real estate data in the U.S. Since November, it’s spent more than



source https://therealdeal.com/2020/05/19/costar-adding-1-25b-to-war-chest/

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