Rightmove (GB:RMV) has released an update.
Rightmove plc has received a new acquisition proposal from REA Group Ltd, offering a mix of cash and stock totaling 775 pence per share, plus a 6 pence cash dividend. Shareholders have been advised to hold off on taking any action as the proposal is non-binding and subject to change. The deadline for REA to announce a firm intention to proceed with the offer or to withdraw is set for 5 p.m. on September 30, 2024.
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