Property website Rightmove rejects £5.6 bn Murdoch bid …C0NTINUE READING HERE >>>
UK online property platform Rightmove said the takeover bid by Rupert Murdoch’s REA Group was ‘wholly opportunistic’ and undervalued the company.
Photo: SCOTT OLSON / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/File
Source: AFP
UK online property website Rightmove said Wednesday it had rejected a multi-billion-pound takeover offer from Australian peer REA Group, majority owned by Rupert Murdoch’s News Corp empire.
Rightmove said in a statement that the cash and shares proposal,…
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