CoStar Raises Domain Bid to $1.8 Billion to Win Access to Books

The curious case of the company with half its market cap to give back

Nine Entertainment looks certain to pocket $1.4 billion from the sale of Domain to US group CoStar. What it does with the cash will be the subject of fierce debate.

Domain takeover to crack open a new stage for Nine

The online real estate marketplace majority owned by Nine Entertainment has received a sweetened “best and final offer” from heavyweight US suitor CoStar. .

CoStar Raises Domain Bid to $1.8 Billion to Win Access to Books

CoStar Group Inc. sweetened its offer for Domain Holdings Australia Ltd. by 5.5% to A$2.8 billion ($1.8 billion), a big enough bump to persuade the Australian property portal to open up its books.

CoStar makes best and final offer for Domain

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me US real estate company CoStar has made a second offer to buy real estate listing site Domain, upping its offer price by more than 5 per cent. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me Lost your password? The post CoStar makes best and final offer for Do…

CoStar | # 1 Commercial Real Estate Information Company

CoStar, the world leader in commercial real estate information, has the most comprehensive database of real estate data throughout the US, Canada, UK and France.

Domain opens books to CoStar after improved $4.43-a-share offer

Domain Holdings Australia (ASX:DHG) has agreed to provide CoStar Group with due diligence access after receiving a revised takeover offer valuing the real estate platform at $4.43 per share in cash.   The new proposal represents a 5.5% increase on CoStar’s initial $4.20-a-share bid made in February and a 42% premium to Domain’s closing price on 20 February. CoStar described the $4.43 offer as its “best and final” price, in the absence of a compe…