- News Corp. ( NASDAQ: NWS ) ( NASDAQ: NWSA ) has confirmed it's no longer in talks to sell its Move real estate unit to CoStar Group ( NASDAQ: CSGP ).
- It's not offering further comment on the matter, other than to say it will "continue to actively assess opportunities to support the Company’s strategy to optimize the value of its Digital Real Estate Services segment and otherwise maximize shareholder value."
- Move Inc. operates the heavily trafficked Realtor.com site.
- Reports first emerged late in January that News Corp. was talking to CoStar Group about a sale of Move that could run to $3B .
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News Corp. says no more talks about selling Move unit to CoStar Group