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Rightmove tells shareholders to 'take no action' over £6.2bn REA offer
By Josh White
Date: Friday 27 Sep 2024
(Sharecast News) - Rightmove responded to a fourth unsolicited and "highly conditional" acquisition proposal from REA Group on Friday afternoon, urging shareholders to take no action while it considered the deal.
The offer, announced by the News Corp-controlled firm on Friday morning, valued the UK property portal at 775p per share.
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