CoStar Group, Inc. has announced that it has received antitrust clearance from the Federal Trade Commission regarding its previously announced proposed acquisition of ForRent.com from Dominion Enterprises.
"We are looking forward to closing the ForRent acquisition, welcoming the ForRent team and adding to our leadership position in the multifamily industry," said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group.
The transaction is expected to close sometime this week and is expected to be discussed on the Company's conference call to discuss Financial Results for the Fourth Quarter and year-end 2017 at 11:00 AM EST on Thursday, February 22, 2018.
To participate in the conference call, please dial (800) 230-1074 (from the United States and Canada) or (612) 234-9959 (from all other countries) and refer to conference code 444420. To listen to the conference call over the Internet, please access the audio webcast link available in the Investors section of CoStar Group's website at http://www.costargroup.com/investors/stock-info.
An audio recording of the conference call will be available for replay approximately one hour after the call's completion and will remain available for a period of time following the call. To access the recorded conference call, please dial (800) 475-6701 (from the U.S. and Canada) or (320) 365-3844 (from all other countries) using access code 444420. The webcast replay will also be available in the Investors section of CoStar Group's website for a period of time following the call.
