8-KItem 1.01 · Material AgreementItem 2.02 · Results of OperationsItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
CoStar Group to Acquire Vexcel for Approximately $730 Million in Cash
Filed with the SEC on · Summarized by InvestorsBot
CoStar Group entered an agreement to acquire Vexcel Group, a provider of aerial imagery and geospatial data, for approximately $730 million in cash, subject to customary adjustments. The acquisition is expected to expand CoStar’s proprietary real estate data and AI capabilities, will be funded with cash on hand and its existing revolving credit facility, and is expected to close in the first quarter of 2027 pending regulatory approvals and other conditions; no CoStar shareholder approval or financing condition is required.