CoStar rejects activist investor demands to divest Homes.com, citing network benefits and completed investment phase.

A growing investor backlash is putting fresh pressure on CoStar Group, the real estate data and marketplace giant, to reconsider ...

D.E. Shaw is ramping up the pressure on Andy Florance’s company following the launch of an activist campaign from Third Point ...

Activist investors call for CoStar to sell or close Homes.com, citing $11B in value destruction and weak results.

Shaw, which was part of last year's standstill agreement with Third Point, said it will support shareholder-driven change on Costar's board.

Hedge fund D. E. Shaw joins Third Point in urging for immediate change at CoStar, warning that CEO Andy Florance’s bet has ...

Investors are seeing shades of yesteryear's Dan Loeb in a letter he recently wrote to the CoStar board.

But CoStar defended its residential real estate platform, saying it is focusing on profitable growth and reducing its net investment.

The company rejected criticism of its spending and operations, defended its bet on Homes.com, and pointed to improving ...