LoopNet says CoStar complaint without merit

Tue Feb 5, 2008 11:18pm EST
 
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NEW YORK, Feb 5 (Reuters) - Real estate Web site operator LoopNet Inc (LOOP.O: Quote, Profile, Research, Stock Buzz) said on Tuesday that CoStar Group Inc's (CSGP.O: Quote, Profile, Research, Stock Buzz) complaint against it was "completely without merit".

CoStar had questioned LoopNet's number of registered users.

The move followed LoopNet's lawsuit against CoStar, claiming a breach of contract related to reproduction of property listings.

(Reporting by Ritsuko Ando)

 

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