Business

Exclusive: Third Point won't run proxy fight at CoStar, exits position, letter says

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Billionaire investor Daniel Loeb's hedge fund ​Third Point will not pursue ‌a proxy fight at real estate data company CoStar Group and sold its ​entire stake in the ​owner of Apartments.com and Homes.com, according ⁠to sources familiar with the ​matter and a letter seen by ​Reuters on Friday.

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