April 27 (Reuters) - CoStar Group Inc , an information service provider to REITs, agreed to buy LoopNet Inc for about $860 million in cash and stock, to double its paid subscriber base. The ...

CoStar Group built its business by providing commercial real estate data to institutional clients. After achieving pre-eminence in this space, it acquired LoopNet in 2012 and Apartments.com in 2014.

CoStar Group Inc. has a significant moat with extensive intangible assets and a dominant position in commercial real estate information and analytics. Despite initial skepticism, deeper analysis ...

"CoStar will vigorously defend against these baseless allegations and will prevail," CoStar's general counsel said after plaintiffs filed two antitrust class actions alleging defendant CoStar Group ...