CoStar scores win as activist investor drops Homes.com fight

The hedge fund Third Point was one of two major players that was strongly critical of CoStar’s attempt to compete with three leading residential real estate portals Continue reading

CoStar spars with investor amid ongoing battle over Homes.com

Investment firm D.E. Shaw said that CoStar had changed the way it reported the performance of Homes.com amid questions about the portal’s future. Continue reading

CoStar lays off staff amid drastic Homes.com cost-cutting campaign

The company has vowed to slash over 35 percent of its spending on Homes.com after years of attempting to build a fourth major real estate listings search portal. Continue reading