Murdoch ally blasts Rightmove
Murdoch ally blasts Rightmove as takeover bid fails
A leading executive at Rupert Murdoch's business empire blasted Rightmove yesterday for hampering a multi-billion pound takeover approach.
Murdoch's REA ends month-long takeover pursuit of Britain's Rightmove
Rightmove's shares dropped 8% on Monday after Rupert Murdoch's REA Group ended its $8.29 billion takeover pursuit following a fourth bid rejection from the British real estate portal. Australian prope
Murdoch-Backed REA Group Shares Gain After Rightmove Bid Withdrawal
Shares of Rupert Murdoch-backed REA Group ($AU:REA) gained almost 5% after the company announced its official withdrawal from the Rightmove PLC
Murdoch’s REA Withdraws Pursuit of Property Site Rightmove
Shares of Rightmove Plc slid the most in almost a year after REA Group Ltd., whose four takeover proposals in less than a month were rebuffed by the British property portal, walked away from its pursuit of the London-listed firm.
UK’s Rightmove rejects £6.2 billion takeover bid from Murdoch-backed REA group
Rightmove, the UK’s leading real estate portal, has firmly rejected a £6.2 billion takeover bid from REA Group, the Australian property giant backed by Rupert Murdoch’s News Corp. This latest bid marks REA’s fourth attempt to acquire the company,
Rightmove rejects fourth takeover offer from Murdoch's REA
Rightmove rejects fourth takeover offer from Murdoch's REA - The UK listings portal said its board “has unanimously concluded that the latest proposal is unattractive and materially undervalues Rightmove.
Rupert Murdoch’s REA makes fourth takeover offer for Rightmove worth £6.2bn
REA said there “has been no substantive engagement beyond cursory procedural telephone calls with the Rightmove chairman”. The Australian company has a deadline on September 3
Rupert Murdoch’s REA abandons pursuit of Rightmove
REA, the Australian property platform controlled by Rupert Murdoch’s News Corp, has abandoned its pursuit of the UK’s biggest listing website Rightmove, after its latest £6.2bn bid was rebuffed. Rightmove’s shares were down by about 7 per cent on Monday afternoon after REA walked away,
Rupert Murdoch's REA Group ends pursuit of Rightmove
REA Group ended its $8.29bn (€7.4bn) takeover pursuit of UK real estate website Rightmove following the rejection of a fourth bid
Murdoch abandons pursuit of Rightmove after £6.2bn offer rejected
Rupert Murdoch’s REA Group has abandoned its pursuit of Rightmove after its latest £6.2bn bid was rejected. The Australian ...
Rupert Murdoch’s property group REA ends chase to buy Rightmove after multiple rejected offers
They had nothing to lose by engaging with us," said REA's CEO Owen Wilson.Rightmove, meanwhile, said Monday in a separate ...