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CoStar and LoopNet To Join Forces

Industry's Leading Information Service Combines With Leading Online CRE Marketplace To Create the Premier Information, Marketing and Analytics Company in Commercial Real Estate
By Tim Trainor
CoStar News
April 28, 2011 | 3:59 AM

CoStar Group, Inc. (NASDAQ:CSGP) announced Wednesday that it has entered into an agreement to acquire LoopNet, Inc. (NASDAQ: LOOP), the leading online commercial real estate marketplace, in a transaction valued at approximately $860 million.

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