News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal’s board of directors.
Source: Inman News
Rupert Murdoch’s REA Group calls it quits on Rightmove acquisition
Published in costar group, Industry News, mergers and acquisitions, news corp, portal wars, portals, rea group, realtor.com, rightmove, Select and Technology
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