CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.
Category: Move
Realtor.com moves headquarters from Santa Clara to Austin, Texas
Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add “hundreds more.”
Move transfers ‘fake leads’ lawsuit to federal court
Move’s counsel filed a Notice of Removal on Tuesday to move the class action suit against it from state to federal court. The lawsuit claims Move knowingly sold unvetted and fraudulent leads to agents through its network.
Court denies Move’s preliminary injunction in suit against CoStar
California District Judge George H. Wu declined Move’s preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of “imminent, irreparable harm.”
Move calls on court to stop CoStar Group’s use of ‘unauthorized’ files
Two weeks after filing a theft of trade secrets lawsuit against CoStar Group, Move now wants CoStar to hand over Move-owned files and electronic devices used by former Realtor.com News and Insights Editor James Kaminsky.