CoStar Questions Why CoreLogic Took Lower Bid, CTFN Says

2/6/21

By Josh Fineman, SeekingAlpha

CoStar Group (NASDAQ:CSGP) is asking why CoreLogic (NYSE:CLGX) believes an $80/share deal with Stone Point and Insight Partners is superior to CoStar's $86 offer, CTFN said earlier, citing person familiar.

CoStar wouldn't be involved in a transaction with CoreLogic that wouldn't pass antitrust scrutiny, the person said.

CoStar focuses on commercial, while CoreLogic is residential.

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