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. 

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