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Stock impact report

Activist Dan Loeb dusts off his poison pen as he seeks a board refresh at CoStar Group [MSNBC.com]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: MSNBC.com
In this articleThomas Fuller | Sopa Images | Lightrocket | Getty ImagesCompany: CoStar Group Inc ()Business:Stock Market Value:Stock Chart IconStock chart iconCoStar Group in the past 12 monthsOwnership:Average Cost:Activist Commentary:What's happeningOn Jan. 27, Third Pointsent a letterBehind the scenesCoStar Group () is a provider of online real estate marketplaces, information, and analytics in the property market. It manages major brands including CoStar Suite, LoopNet, Apartments.com and Homes.com. Approximately 95% of the company's revenue is derived from its core commercial real estate ("CRE") franchises, which largely consists of CoStar Suite and Apartments.com. These businesses benefit from high barriers to entry, strong pricing power, proprietary data and subscription-based business models that drive recurring revenue and highly predictable free cash flow. Because of these dynamics, this business has historically traded at a premium to its Information Services peers but is n Show less Read more
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