Costar Group (CSGP) Prices 2.3M Share Upsized Common Offering at $655/Sh

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CoStar Group, Inc. Announces Upsize and Pricing of Common Stock Offering

May 20, 2020 9:18 PM EDT

WASHINGTON--(BUSINESS WIRE)-- CoStar Group, Inc. (Nasdaq: CSGP) (CoStar) announced today that it has upsized and priced its offering of 2,290,076 shares of its common stock at a price of $655.00 and granted the underwriters in the offering a 30-day option to purchase up to an additional 343,511 shares of its common stock at the same price. The offering was upsized from the previously announced aggregate offering price of $1.25 billion to an aggregate offering price of $1.5 billion. Goldman Sachs & Co. LLC, J.P. Morgan, BofA Securities and Citigroup are acting as joint book-running managers for the... More