Commercial real estate data giant CoStar Group is nearing a deal to purchase Ten-X for $190 million, a move that would increase the publicly-traded CoStar’s presence in the distressed real-estate space. According to the Wall Street Journal, the all-cash deal for the online real estate transaction platform could be finalized Wednesday. Thomas H. Lee Partners, the private equity firm that owns Ten-X Commercial, had previously been in talks with CoStar, but when those talks did
source https://therealdeal.com/2020/05/13/costar-buying-ten-x-for-190m/
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