CSGP - CoStar Group Submits Proposal To Acquire UK Property Portal OnTheMarket For £100M | Benzinga
Online real estate marketplace CoStar Group Inc (NASDAQ: CSGP) has proposed to acquire OnTheMarket, the third most visited residential property portal in the United Kingdom, for £1.10 per share in cash or approximately £100 million.
OnTheMarket is headquartered in London and has approximately 180 employees.
OnTheMarket was founded by agents in 2013 to provide a competitive alternative to the existing U.K. property portals. It has developed a large network of ...