Activist Investor Abandons Homes.com Feud Against CoStar

Billionaire investor Daniel Loeb’s hedge fund Third Point has stated it will not pursue ​a proxy fight with CoStar Group, and has sold its stake in the company, according to an exclusive report from Reuters. “We no longer believe that our original thesis ​holds true today and have disposed of our position in its entirety,”…

The post Activist Investor Abandons Homes.com Feud Against CoStar appeared first on RISMedia.

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