CoStar Fires Back, Says Investor Is ‘Spinning a Yarn’

As the corporate infighting continues between CoStar Group and billionaire investor Daniel Loeb’s hedge fund Third Point, with Third Point on Jan. 27 announcing it would seek to replace a majority of CoStar’s eight-person board, CoStar responded with a lengthy statement released on Jan. 28 highlighting new planned initiatives. “The CoStar Group Board of Directors…

The post CoStar Fires Back, Says Investor Is ‘Spinning a Yarn’ appeared first on RISMedia.

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