Rightmove rejects third offer from Rupert Murdoch-owned REA
REA, which is majority-controlled by Rupert Murdoch’s News Corp, has until the end of September to make a formal offer or walk away under UK takeover rules. “Given the lack of communication between the two and the large equity component, we see the probability of deal completion as quite low,” Citigroup analysts wrote in a note on Wednesday.
Third time isn't the charm for REA's takeover bid of Rightmove.
REA Group says it’s ‘disappointed’ and ‘frustrated’ by rejections. 09:43 Back to Rightmove’s rejection of the ...
The online property platform has rejected a revised £6.1bn takeover bid from REA, claiming the offer still undervalues the ...
Rightmove bosses said the deal 'continues to be unattractive' and 'undervalues the company' - as earlier efforts by Murdoch ...
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"Many comments expressed that the offer was inadequate," the International Association of Machinists and Aerospace Workers ...
Boeing has made its “best and final” offer to striking workers, offering a 30 per cent raise as it tries to end a work stoppage that threatens its recovery. The 33,000 members of the International ...
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