Redfin has acquired RentPath nearly two months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020. Source: Inman…
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CoreLogic board asks for more cash for shareholders and a shorter deal time to make up for CoStar’s stock price volatility. Source: Inman News
After the FTC spiked CoStar’s attempted acquisition of RentPath, Redfin stepped in to buy the embattled operator of rental marketplaces. Source: Inman News
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar’s buying spree is far from over. Source:…
After the FTC spiked CoStar Group’s bid to buy RentPath, Redfin has stepped in to buy the embattled operator of rental portals Source: Inman News
RentPath petitioned a bankruptcy court in Delaware to expedite payment of a $60 million breakup fee. The letter demanded payment within two days from the…
RentPath will instead restructure its operations and renew its focus on “delivering value” through its search platforms Rent.com and ApartmentGuide.com. Source: Inman News
The regulatory agency argued in a complaint that the move increases concentration in the rental listing space, eliminating the competition that drives advertising prices down. …
A Series D fundraising round was led by e.ventures, its first investment in the rental platform, which acquired PadMapper in 2016. More than 80 million…
After failing to restructure $650 million in debt, RentPath has placed itself on the auction block with commercial real estate data behemoth CoStar Group as…