Move Signs Agreement to Sell to News Corp for $950 Million

Palo Alto– October 8, 2014 – Cooley is advising Move, Inc. on its $950 million pending sale to News Corporation. The deal is the largest acquisition thus far for News Corp, according to The Wall Street Journal.

Move is a leading online real estate business that operates the real estate listings sites Realtor.com and Move.com. Publishing company News Corp owns The Wall Street Journal and Dow Jones Newswires. The acquisition is said to accelerate News Corp's digital and global expansion by making online real estate a powerful component of its portfolio.

The Cooley M&A team advising Move included Eric Chow; special counsel Charles Haley (technology transactions); partner Thomas Welk and associate Sarah Dale (compensation and benefits); partner Mark Windfeld-Hansen and associate Michael Baker (tax); and partner Jacqueline Grise (antitrust). Additional corporate and M&A support is provided by partners Jodie Bourdet and Craig Menden. 

About Cooley LLP

Cooley's attorneys solve legal issues for entrepreneurs, investors, financial institutions and established companies. Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and bet-the-company litigation, often where innovation meets the law.

Cooley has 800 lawyers across 11 offices in the United States and China.

Related Contacts
Jodie Bourdet Partner, San Francisco
Thomas Welk Senior Counsel, San Diego
Mark Windfeld-Hansen Partner, Palo Alto
Jacqueline Grise Partner, Washington, DC
Charles Haley Partner, San Diego