Real Estate & Home

Third Point exits CoStar, ending its activist investor push

Ali Nemati1 day ago28 sec read5 views0 listens

Third Point has sold its shares in CoStar Group, ending its activist investor campaign that sought significant changes at the real estate data firm. This development signals a shift in strategic direction for both Third Point and CoStar, as the latter continues to focus on core business growth without external pressure from this major shareholder. Investors should watch for potential further actions by other activists like D.E. Shaw regarding Homes.com.

Read the full article at HousingWire

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