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  <item>
  <title>CoStar drops REIS bid</title>
  <description>Commercial real estate data provider CoStar Group Inc. said Monday it withdrew a $96 million offer for competitor REIS Inc. CoStar's chief executive, Andrew Florance, said in a statement that the offer of $8.75 per share for New York-based REIS Inc. is "no longer financially viable" given the worldwide financial turmoil and deterioration in the U.S. real estate markets.</description>
    <link>http://www.ibtimes.com/articles/20081103/costar-drops-reis-bid.htm</link> 
  <pubDate>Mon, 03 Nov 2008 14:16:07 EST</pubDate>
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