Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Activist investors demand CoStar sell or shut down Homes.com, citing $11B in lost value and poor performance despite $3B in investments.

flag Activist investors D.E. flag Shaw and Third Point are pushing CoStar to sell or shut down its Homes.com division, citing over $11 billion in lost shareholder value, persistent losses, and underperformance despite $3 billion in investments. flag They accuse CoStar’s leadership of misallocating resources, undermining long-term value, and resisting change, while the company defends Homes.com as vital for future growth, particularly through its new AI platform, and points to strong shareholder support.

4 Articles