UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group
1 min read
UK portal Rightmove's board of directors has unanimously rejected News Corp subsidiary REA Group's $7.32 billion acquisition bid, saying it "fundamentally undervalues" the company's current and future prospects.
UK portal Rightmove’s board of directors has unanimously rejected News Corp subsidiary REA Group’s $7.32 billion acquisition bid, saying it “fundamentally undervalues” the company’s current and future prospects. UK portal Rightmove’s board of directors has unanimously rejected News Corp subsidiary REA Group’s $7.32 billion acquisition bid, saying it “fundamentally undervalues” the company’s current and future prospects.
