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Posted on: Aug. 30, 2018, 9:01 a.m.
Moody’s Corp. and Reis Inc. announced an agreement Thursday morning for Moody’s to acquire all outstanding shares of Reis in an all-cash transaction valued at approximately $278 million. Reis is a competitor to CoStar Group in providing commercial real estate data. The acquisition expands Moody's network of data and analytics providers in the commercial property space, including recent investments in start-ups. The transaction has been approved... Full investment news article