Murdoch’s REA Group makes another bid for UK’s Rightmove

Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday — a 10 percent increase from its first offer. Continue reading

UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group

UK portal Rightmove’s board of directors has unanimously rejected News Corp subsidiary REA Group’s $7.32 billion acquisition bid, saying it “fundamentally undervalues” the company’s current and future prospects. Continue reading

Rupert Murdoch’s REA Group eyes UK’s biggest real estate portal

Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Continue reading

Outfoxed! Rupert Murdoch paid 20% over ask for Manhattan co-op

The Fox News founder paid nearly 20 percent — or $5.2 million — above the $30 million asking price on the 6,500-square-foot Hampshire House unit he he bought in February, according to disclosures. Continue reading

News Corp CEO vows to reenergize Realtor.com after CoStar deal dies

In remarks at Morgan Stanley’s Technology, Media and Telcom Conference Tuesday, CEO Robert Thomson said growing Realtor.com after its sale to CoStar fell through is a “personal priority.” Continue reading

Rupert Murdoch drops $30M on full-floor pad, Central Park views

Murdoch, the News Corp founder and business magnate, has signed a contract to buy the entire 27th floor of the Hampshire House in Manhattan. It’s only his latest purchase in recent years. Continue reading

‘Rocky Mountain High’: 10 top ranch and mountain deals of 2022 (so far)

Aspen, Colorado, a winter playground for the rich and famous, produced four out of the 10 biggest mountain and ranch transactions since October, according to a new analysis by Inman. Continue reading

An exclusive preview: The biggest luxury deals of 2022 (so far)

Here’s a preview of what’s to come as we kick off Luxury Month and dive into the biggest market trends of 2022. Check back next week as Inman ranks the biggest deals of the past 12 months. Continue reading

Koch family unloads Montana ranch to Rupert Murdoch for $200M

Murdoch and wife, Jerry Murdoch, bought the 340,000-acre working Montana ranch from Matador Cattle Co., a subsidiary of Koch Industries, the Wall Street Journal reported. Continue reading