Why are the Murdochs trying to buy UK property site Rightmove?

Why are the Murdochs trying to buy UK property site Rightmove?

Rightmove, News Corporation, Rupert Murdoch, Lachlan Murdoch, Media business, Media, Business, Property, Money, UK news, US news, World news Business | The Guardian

​Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empireGetting into property is considered to be Lachlan Murdoch’s shrewdest and most profitable contribution to building the family empire.Shortly after the turn of the century, Rupert Murdoch’s eldest son persuaded News Corporation to take a 44% stake in REA Group, the owner of Australia’s realestate.com.au property website. Continue reading… 

Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empire

Getting into property is considered to be Lachlan Murdoch’s shrewdest and most profitable contribution to building the family empire.

Shortly after the turn of the century, Rupert Murdoch’s eldest son persuaded News Corporation to take a 44% stake in REA Group, the owner of Australia’s realestate.com.au property website.

Continue reading… 

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