News Corp-Owned REA Attempts to Acquire UK Portal Rightmove

REA Group—a News Corp subsidiary and owned by the Murdochs—has announced its third offer to acquire UK-based real estate portal Rightmove.  News Corp, which owns REA, also owns and operates several other real estate portals, including Realtor.com®. REA initially bid on the portal on Sept. 5, offering $7.32 billion in cash and stock takeover. After…

The post News Corp-Owned REA Attempts to Acquire UK Portal Rightmove appeared first on RISMedia.

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