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CoStar Group Completes Acquisition of Domain, Ushering in a New Era of Innovation for Australia's Property Market

1. CSGP completed acquisition of Domain Holdings, enhancing its market position. 2. The acquisition aims to leverage CSGP's technology and global scale.

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FAQ

Why Bullish?

The acquisition reflects CSGP's commitment to growth and market expansion, similar to historic mergers that increased market share and revenue.

How important is it?

The acquisition directly impacts CSGP's strategic positioning and future revenue potential, creating a positive outlook.

Why Long Term?

Successful integration of Domain can provide sustained revenue streams and competitive advantage in the real estate sector over years.

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PROPFREZIAMH
SYDNEY & ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today the successful completion of its acquisition of Domain Holdings Australia Limited (“Domain”), one of Australia's leading property marketplaces. This transformative acquisition will combine CoStar Group's proven global scale, technology leadership, and pro-agent approach w.

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