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0 0 0 0 0.00210084033613444 0.00974025974025984 -0.00725744843391894 -0.0263559969442322
Stock impact report

CoStar Group Highlights Proven Track Record and Reiterates Commitment to Enhancing Stockholder Value

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: Business Wire
Responds to D.E. Shaw’s False Narrative about CoStar Group ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, today issued the following statement in response to the letter issued by D. E. Shaw Group (“D.E. Shaw”).On top of Board change already obtained last year, D.E. Shaw is seeking majority change of CoStar Group’s Board of Directors based on arguments that demonstrate a fundamental misunderstanding of our business and push a false narrative that we have not substantially engaged with D.E. Shaw or considered their feedback. The truth is, the Board and management team listened to and responded to D.E. Shaw’s requests, including:Refreshing the Board with three new independent directors, two of which were recommended by D.E. Shaw and Third Point, and announcing a new independent Board Chair.Forming a Capital Allocation Committee to Show less Read more
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