Murdoch's REA ups offer for property website Rightmove

The latest proposal, worth £6.1 billion (US$8.1 billion), comes after Rightmove rejected REA's previous two bids made this month. "We are genuinely disappointed at the lack of engagement by Rightmove's Board," REA CEO Owen Wilson said in a statement published on the London Stock Exchange. Rightmove confirmed in a statement that it had received a third proposal that was "unsolicited, non-binding and highly conditional". Rightmove chairman Andrew Fisher said the board rejected the first two proposals as they "were uncertain...