News Corp. raised its cash bid for RealEstate.com.au, an Australi...
News Corp. raised its cash bid for RealEstate.com.au, an Australian property-listings site, to about $113.3 million from $90.8 million, Reuters reported. The site’s directors told shareholders not to act until they weigh in. News Corp. already owns 43.7% of…
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the site; the $1.88 per share bid would apply to the remaining 56.3% of the site, among the top 20 Australian sites for traffic.