clock menu more-arrow no yes

News Corp. Buys Real Estate Listing Service Move for $950 Million

By Peter Kafka

News Corp. says it will augment its newspaper business by buying Move, the company that operates Realtor.com and other real estate listing sites, for $950 million. News Corp. will pay $21 a share for Move, a 37 percent premium on yesterday’s closing price.

This article originally appeared on Recode.net.

Will you support Vox’s explanatory journalism?

Millions turn to Vox to understand what’s happening in the news. Our mission has never been more vital than it is in this moment: to empower through understanding. Financial contributions from our readers are a critical part of supporting our resource-intensive work and help us keep our journalism free for all. Please consider making a contribution to Vox today.

More From Vox

The Latest on Vox

Play

The hidden history of “Hand Talk”

By Ranjani Chakraborty

The Supreme Court just made it much easier to bribe a member of Congress

By Ian Millhiser

Finland and Sweden’s historic shifts on NATO, explained

By Jen Kirby

Today, Explained Debuts on Two New Public Radio Stations, KCRW and WEKU

By Vox Communications

John Fetterman is redefining how swing-state Democrats campaign

By Christian Paz

Lebanon is in political crisis. Sunday’s elections won’t change that.

By Ellen Ioanes