This article is about how media giants news corp are about to buy online house agency. Rupert will acquire 80 per cent of the business. This article states that Rupert Murdoch is about to buy the business and has agreed a fee to purchase the business. This shows the financial strength that Rupert Murdoch still has and he is still ahead off all competitors. This business that he is poised to buy is the third highest trafficked website looking for property.
- purchasing will cost up to 950 million dollars
- Third most used real estate website
- will purchase 80 percent of the business
In my opinion I believe news corp are purchasing a share because they want a bigger market spand in the media, they already owe massive institution but they don't have estate agency. Overall this shows the muscle that Rupert Murdoch has and this demonstrates the muscles he has.
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