Third Point, D.E. Shaw obtain agreements with CoStar.
1. CoStar Group conducts significant board refreshment with activist support. 2. New directors from D.E. Shaw and Third Point join CoStar's board. 3. Capital allocation committee formed to address funding for Homes.com losses. 4. CoStar has expanded internationally, seeking growth beyond its core business. 5. Recent actions indicate focus on shareholder value enhancement.