“Under the leadership of CEO Andy Florance, CoStar has continued to dedicate disproportionate attention and resources to its unprofitable Homes.com business. This continued investment, despite repeated failures to meet projections, has eroded... Read more »
Roughly a year after calling on CoStar Group to embark on a journey of “meaningful self-help,” the firm’s activist investors at Third Point Investors Ltd are back again pushing the Andy Florance-helmed... Read more »