Exclusive-Third Point Won’t Run Proxy Fight at CoStar, Exits Position, Letter Says
NEW YORK, April 10 (Reuters) – 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. The …