MTTR - Matterport Stock Soars On CoStar Group Takeover Deal: The Details | Benzinga
Matterport Inc (NASDAQ:MTTR) shares are trading higher Monday after the company announced a deal to be acquired by online real estate marketplace provider CoStar Group.
What Happened: Matterport has entered into a definitive agreement in which CoStar Group will acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion.
Matterport shareholders are ...