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LoopNet To Shed Unit To Reboot $860M CoStar Deal

By Bill Donahue (April 26, 2012, 5:25 PM EDT) -- Real estate information provider CoStar Group Inc.'s long-delayed $860 million acquisition of rival LoopNet Inc. moved one step closer to completion Thursday after the Federal Trade Commission said it would approve the sale if the combined entity shed its Xceligent subsidiary....

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