2 months after purchasing a 17% stake in the firm, CoStar Group has reached an acquisition deal of $1.9B. The bid still faces approval from Domain shareholders and Australian officials
CoStar Group is one step closer to purchasing Australia's 2nd-largest real estate classifieds firm, Domain. Founder and CEO Andy Florance spent several days in Sydney with Domain's owners
CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7B. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm