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REDDIT

Why is $MTTR acquisition talking so long to close?

M
Feb 19, 2025 · 16:50

I bought MTTR in Aug ‘24 when it was trading <$4, well below CoStar’s acquisition price despite the deal having been announced. Turned out to be a winning trade, but I thought it would have closed by now. Return is solid but has been mostly sideways for past few months which is dragging down the trade’s IRR. First world problems, I know, but since the deal is a mix of cash and stock I’d like it to fully close so I can redeploy into something with more upside.