Rightmove Rejects Rupert Murdoch’s £5.6B Takeover Bid! 🚨 #BreakingNews #Rightmove #RupertMurdoch

rert Murdoch's Rea group just tried to buy right move the UK's biggest online property portal but they said no Murdoch's Rea group majority owned by his News Corp put forward a massive 5.6 billion pound offer to acquire right move that's around 7005 P per share but right move rejected the offer despite the huge valuation they decided to stay independent for now right move said the board carefully considered the proposal and concluded that it was wholly opportunistic and fundamentally undervalued right move and its future prospects Rea was aiming for a cash and shares deal which could have reshaped the online property Market in the UK so what's next will Murdoch push for a higher bid or is Right Move staying off the market time will tell