Rightmove shuns ‘unattractive’ £6.1bn offer from REA

Rightmove has rebuffed Australian property group REA’s £6.1bn takeover bid, saying it still undervalues the company. On Monday, Rupert Murdoch-owned REA sweetened its offer for the British property portal, just days after it had raised it for the second time to £5.9bn. Rightmove said today it had considered the improved offer and concluded that it “continues [...]