CoStar completes Matterport acquisition; each MTTR share gets 0.03552 CSGP shares + $2.75 cash

COSTAR GROUP, INC.

Per share consideration: 0.03552 CoStar shares + $2.75 cash, subject to a symmetrical collar.
Matterport adds over 14M digitized spaces and 50B sq ft across 177 countries to CoStar.
Combined company to invest in AI, computer vision, and machine learning for property analytics.
Deal closed Feb 28, 2025; Matterport now a wholly-owned subsidiary via two-step merger.
Aims to digitize 4+ billion buildings globally, part of a $327T real estate asset class.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.