NWSLV News: D.C.'s CoStar not acquiring Realtor.com - 22nd Feb 2023, 12:04pm

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D.C.'s CoStar not acquiring Realtor.com

CoStar Group Inc. (NASDAQ: CSGP) is out of the Realtor.com sweepstakes. CEO Andy Florance confirmed Tuesday in an earnings call that there will be no deal, weeks after News Corp. (NASDAQ: NWSA), which owns an 80% stake in Realtor.com parent Move Inc., revealed it was in talks for a sale. News Corp. also issued a statement that it is "no longer engaged in discussions" with D.C.-based CoStar.

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