Australian rival REA ups offer for online property portal Rightmove
Shares in Rightmove (RMV) jumped nearly 2% higher to 683p, as Australian property listing company REA Group (REA:ASX) cont'rolled by Rupert Murdoch's News Corp increased its offer for the online property portal.
Rightmove said it had 'received a third unsolicited, non-binding and highly conditional proposal from REA for a possible cash and share offer at 341 pence in cash and 0.0422 new REA sha...