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Newscorp buys operator of real estate websites

Deal will jump start firm's real estate services business
Thursday, October 2, 2014 - 05:50

[NEW YORK] News Corp, the publishing company controlled by Rupert Murdoch, agreed on Tuesday to buy Move Inc, an operator of real estate listings websites, for US$950 million in cash, as the newspaper publisher continues to branch out into new businesses.

The transaction is the latest,

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