Why are the Murdochs trying to buy UK property site Rightmove?
by Mark Sweney from US news | The Guardian on (#6QHEJ)
Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empire
Getting into property is considered to be Lachlan Murdoch's shrewdest and most profitable contribution to building the family empire.
Shortly after the turn of the century, Rupert Murdoch's eldest son persuaded News Corporation to take a 44% stake in REA Group, the owner of Australia's realestate.com.au property website.
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