Murdoch’s REA Group Gives Up After 4th Rejection Trying to Acquire UK Portal

It’s strike four, over and out, for Rupert Murdoch’s REA Group, as its continuing, months-long effort to acquire Rightmove has come to an end. Its fourth offer of $8.3B was rejected by the UK portal’s board of directors Sept. 30, and Murdoch’s Sydney-based News Corp subsidiary said there will not be another offer. News Corp…

The post Murdoch’s REA Group Gives Up After 4th Rejection Trying to Acquire UK Portal appeared first on RISMedia.

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