Rupert Murdoch’s REA group ups offer for Rightmove to £5.9bn | Rightmove
Rupert Murdoch's Australian property group REA has increased its takeover bid for Rightmove, Britain's largest online property portal, to £5.9 billion. REA, 61% owned by Murdoch's News Corp, increased its initial offer by around £300 million after Rightmove's board last week unanimously rejected its initial proposal as a “fundamental undervaluation”. The initial cash and share […]