RentPath terminates agreement to be acquired by CoStar Group for $588m.

RentPath, a digital marketing provider, terminates agreement to be acquired by CoStar Group, a provider of commercial real estate information, for $588m. "RentPath provides tremendous value to our customers across the multifamily industry. In fact, our value proposition has never been better than it is today. Our traffic and leads have never been higher, and they continue to grow rapidly -- traffic growth in the second half of 2020 has exceeded 40% year over year for the RentPath network. We have a range of high growth products that complement our core apartment search websites, and we are excited to emerge from restructuring and continue to build on this foundation," Dhiren Fonseca, RentPath CEO.