CoStar Group Inc

CSGP: XNAS (USA)
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CoStar Group: Struggling Residential Business Attracts Warranted Scrutiny but Shares Still Cheap

In recent weeks, Dan Loeb's Third Point fund and D.E. Shaw have written scathing letters to CoStar's management demanding a shakeup of the board of directors and a shift in business strategy as the real estate firm continues to invest heavily in its struggling residential real estate businesses.

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