April 22 (Reuters) - CoStar Group Inc ( CSGP ):

* COSTAR GROUP TO ACQUIRE MATTERPORT, THE GLOBAL LEADER IN

IMMERSIVE 3D DIGITAL TWINS AND ARTIFICIAL INTELLIGENCE FOR THE

REAL ESTATE INDUSTRY THAT MAKES PROPERTIES INTUITIVE AND

INTERACTIVE ONLINE

* COSTAR GROUP:MATTERPORT STOCKHOLDERS TO RECEIVE $2.75 IN

CASH &

$2.75 IN SHARES OF COSTAR GROUP COMMON STOCK FOR EACH SHARE OF

MATTERPORT COMMON STOCK

* COSTAR GROUP:MATTERPORT STOCKHOLDERS TO RECEIVE $2.75 IN

CASH &

$2.75 IN SHARES OF COSTAR GROUP COMMON STOCK FOR EACH SHARE OF

MATTERPORT COMMON STOCK

* COSTAR GROUP INC ( CSGP ) - TRANSACTION VALUED AT $5.50 PER SHARE

REFLECTING AN ESTIMATED $1.6 BILLION OF ENTERPRISE VALUE

* COSTAR GROUP INC ( CSGP ) - TRANSACTION VALUED AT $5.50 PER SHARE

REFLECTING AN ESTIMATED $1.6 BILLION OF ENTERPRISE VALUE

* COSTAR GROUP INC ( CSGP ): TRANSACTION IS SUBJECT TO A 10%

SYMMETRICAL

COLLAR BASED ON A COSTAR GROUP SHARE PRICE OF $86.02 AS MIDPOINT

* COSTAR GROUP INC ( CSGP ): TRANSACTION IS SUBJECT TO A 10%

SYMMETRICAL

COLLAR BASED ON A COSTAR GROUP SHARE PRICE OF $86.02 AS MIDPOINT

* COSTAR GROUP INC ( CSGP ) - TRANSACTION HAS BEEN UNANIMOUSLY

APPROVED BY

MATTERPORT BOARD OF DIRECTORS

* COSTAR GROUP INC ( CSGP ) - TRANSACTION HAS BEEN UNANIMOUSLY

APPROVED BY

MATTERPORT BOARD OF DIRECTORS

* COSTAR GROUP INC ( CSGP ) - DIRECTORS, OFFICERS AND CERTAIN OTHER

STOCKHOLDERS OF MATTERPORT ENTERED INTO VOTING AGREEMENTS TO

SUPPORT TRANSACTION

* COSTAR GROUP INC ( CSGP ) - DIRECTORS, OFFICERS AND CERTAIN OTHER

STOCKHOLDERS OF MATTERPORT ENTERED INTO VOTING AGREEMENTS TO

SUPPORT TRANSACTION

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