U.S. FTC sues to block CoStar's proposed acquisition of RentPath

November 30, 2020 4:44 PM EST

WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Monday it filed an administrative complaint and authorized a lawsuit in federal court to block CoStar Group's proposed $588 million acquisition of apartment listings competitor RentPath Holdings.

(Reporting by Eric Beech; Editing by Tim Ahmann)



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