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According to informed sources and internal correspondence, the renowned hedge fund led by Daniel Loeb, Third Point, has decided not to launch a board seat contest at Costa and has fully liquidated its holdings in Costa shares.

According to informed sources and internal correspondence, the renowned hedge fund led by Daniel Loeb, Third Point, has decided not to launch a board seat contest at Costa and has fully liquidated its holdings in Costa shares.

老虎证券老虎证券2026/04/11 03:00
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This development marks the sudden de-escalation of a potential proxy battle between Third Point and CoStar. Previously, the market had closely watched whether the fund would challenge the board of this real estate data giant, but recent information shows that Third Point not only abandoned the related plans, but also completely exited all of its investment positions in CoStar.
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