CoStar discussing $500M takeover of apartment finder RentPath

CoStar Group is in talks to acquire a troubled apartment listing
firm for close to $500 million. The discussions to acquire RentPath
— the parent company of residential rental websites including
ApartmentGuide.com, Rentals.com and Rent.com — remain in flux,
and a deal is yet to close, according to the Wall Street Journal.
The deal would further signal CoStar’s desire to gobble up
apartment-listings businesses to complement its sprawling
commercial real estate information service. CoStar has

Source: FS – All – Real Estate News 2
CoStar discussing 0M takeover of apartment finder RentPath