News Corp’s REA submits improved $8.1 billion bid for U.K.’s Rightmove
The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid
From News Corp to Nine, journalism is compromised by real estate. Time to let it go
Real estate is one of traditional media's few remaining lucrative advertising sectors. But now they're looking for the exit.
Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion
By Scott Murdoch and Himanshi Akhand (Reuters) -Australian property listing firm REA Group made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected.
Rupert Murdoch’s REA raises Rightmove bid to £6.1bn
Australia’s largest property listings group REA, which is majority owned by Rupert Murdoch’s News Corp, has launched a third bid for UK rival Rightmove, valuing it at £6.1bn. REA made the cash-and-shares offer on Sunday based on a price of 770 pence a share,
REA Sweetens Rightmove Bid to £6.1 Billion After Knockback
REA Group Ltd. increased its offer for Rightmove Plc to £6.1 billion ($8.1 billion), expressing frustration at the UK property portal’s refusal to even discuss a deal.
Murdoch's REA Ups Offer For Property Website Rightmove
REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove.
REA Group raises Rightmove takeover offer to £6.1bn
The Australian property listings website, whose majority owner is Rupert Murdoch's News Corporation, has brought forward a new offer.
REA up its offer for Rightmove a second time to £6.1 bn
REA up its offer for Rightmove a second time to £6.1 bn - The REA board urged Rightmove shareholders “to encourage the board of directors of Rightmove to engage in constructive discussions.”
Starboard Submits Proposal for News Corp Stockholder Vote on Ending Dual-Class Structure
Starboard Value is seeking to eliminate News Corp’s dual-class capital structure so that each outstanding share of the ...
Starboard asks News Corp. shareholders to vote for removal of dual-class structure at annual meeting
Starboard proposes eliminating dual-class structure at News Corp to promote shareholder value and governance, citing risks ...
Starboard proposes that News Corp eliminates dual-class shares
Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share ...
NVIDIA Corp. stock falls Friday, underperforms market
NVIDIA Corp. closed $24.76 short of its 52-week high ($140.76), which the company achieved on June 20th.
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Starboard Submits Proposal for News Corp Stockholder Vote on Ending Dual-Class Structure
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OpenAI strikes major deal with News Corp to boost ChatGPT
OpenAI has struck a major deal with News Corp for content to train its AI models, the companies announced on Wednesday. The multi-year agreement is reportedly worth as much as $250 million and gives ...