$Matterport, Inc.(MTTR)$ cash

cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion based on the closing price for CoStar Group common stock on April 19, 2024. Under the terms and subject to the conditions of the agreement, which has been unanimously approved by Matterport’s Board of Directors,

Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock.

what it means by( stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock. ) ?

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UrsulaFowler
04-23
UrsulaFowler
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zingie
04-23
zingie
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Under the terms and subject to the conditions of the agreement, which has been unanimously approved by Matterport’s Board of Directors,Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock.what it means by( stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock. ) ?</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"MTTR\" class=\"teditor-mention\" data-mention-name=\"Matterport, Inc.\" href=\"https://ttm.financial/S/MTTR\">$Matterport, Inc.(MTTR)$</a> <v-v data-views=\"1\"></v-v>cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion based on the closing price for CoStar Group common stock on April 19, 2024. 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