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This Technology Company Is Being Acquired at a Shocking 207% Premium -- and These 2 Stocks Could Be Next
CSGPCoStar Group(CSGP) The Motley Fool·2024-04-23 09:21

Matterport is being acquired by a real estate giant, but it might not be the last ex-SPAC to go this route.We recently learned that spatial technology company Matterport (MTTR 175.86%), which provides the space-mapping technology used for 3D home tours and many other applications, has agreed to be acquired by real estate giant CoStar (CSGP 1.25%).The terms of the deal were quite favorable for Matterport investors. CoStar values the company at $5.50 per share, half of which will be paid in cash and half paid ...