secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001057352-25-000069
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Group enters binding agreement to acquire Domain Holdings for A$4.43/share (~$1.5B)
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- CoStar (CSGP) to acquire remaining ~83% of Domain (ASX:DHG) for A$4.43/share cash, total ~A$2.3B ($1.5B).
- Already owns ~17% from earlier A$4.20 purchase; implied enterprise value ~A$3.0B.
- Domain Board unanimously recommends; Nine Entertainment (60.1% stake) intends to vote in favor.
- Closing conditions: >75% shareholder vote, court, FIRB, expert opinion, no MAC; expected Q3 2025.
- Break fees of ~A$28M each side; customary no-shop, matching and exclusivity provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735225000069/0001057352-25-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735225000069/csgp-20250509.htm
  HTML page:      https://secwatch.observer/filing/0001057352-25-000069

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