Merger Update: CoStar’s patience rewarded

(September 17, 2012) -- Sixteen months after CoStar Group and LoopNet, Inc. signed an agreement to merge, more than a year since shareholders gave approval and four months since the $860 million merger closed, the FTC produced a final decision and order. Bottom line, it affirmed a requirement to divest assets that, if retained, posed a threat to competition in the $11 trillion commercial real estate market....

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