CoStar Group to Acquire Vexcel
CoStar Group says the acquisition will add Vexcel’s aerial imagery program to its platform. The imagery covers more than 45 countries, 320 major global metros and 99.6% of the U.S. population.
Story updates
08:09:39 PM UTC
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CoStar Expects to Fund Acquisition From Cash on Hand and Existing Revolving Credit Facility >CSGP
08:10:03 PM UTC
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CoStar: Acquisition Expected to Add to Adj EPS in First Full Yr of Ownership >CSGP
08:11:49 PM UTC
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CoStar Group agrees to buy Vexcel for about $730 million CoStar Group agreed to acquire aerial i
08:13:41 PM UTC
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CoStar Group entered into an Agreement and Plan of Merger to acquire Vexcel Group for $730 million in cash, subject to customary working capital and other post-closing adjustments. The acquisition is subject to regulatory approvals and other customary closing conditions, with no financing condition…
08:25:59 PM UTC
SquawkNews
By Nicholas G. MillerCoStar agreed to buy Vexcel, an aerial imagery program operator, for $730 million in cash.The company said the acquisition will provide it with a low-cost data source for high-resolution images and measurements of land, houses, office buildings, and other structures and infrast…