News Corp. (NWS) is in advanced discussions to sell its 80% interest in Move to CoStar (CSGP), the Financial Times’ Anna Nicolaou, James Fontanella-Khan, and Alex Barker report, citing three people briefed on the negotiations. The company’s stake in Move is valued in the "low billions" of dollars, the authors note. The move comes as Rupert Murdoch withdrew his proposal for the merger of Fox (FOXA) and News Corp. Reference Link
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