Costar Group (CSGP) Prices 10.66M Share Offering at $70.38/sh
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CoStar Group, Inc. Announces Pricing of Common Stock Offering
September 16, 2022 5:56 PM EDTWASHINGTON--(BUSINESS WIRE)-- CoStar Group, Inc. (Nasdaq: CSGP) (CoStar) announced today that it has priced its offering of 10,656,436 shares of its common stock at a price of $70.38 per share. Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint book-running managers for the offering. The offering is expected to close on September 20, 2022, subject to customary closing conditions. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions CoStar determines to pursue in the future, to finance the... More
