US real estate giant CoStar to buy Domain in $3 billion deal
Australian real estate website Domain will be sold to US real estate giant CoStar in a deal worth almost $3 billion.Nine, the publisher of this website, owns 60 per cent of Domain and will receive around $1.4 billion if the deal is approved.In a statement to shareholders this morning, Domain said it had entered into a scheme implementation deed with CoStar for it to acquire 100 per cent of the company at $4.43 a share.Australian property website Domain will be sold to CoStar in a deal worth $2.8 billion. (Domain.com.au)CoStar...



