Communications Services Up as Risk Appetite Continues to Grow — Communications Services Roundup
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Dow Jones
Communications services companies ticked up as traders continued a rush into high-risk sectors.
Australian real-estate listing service Rightmove said it would consider a sweetened $7.99 billion bid from News Corp-controlled REA Group, the third offer it has received from the conglomerate, which publishes this newswire, having rejected the previous two.
The Washington Post is laying off a quarter of its workforce from Arc XP, the publisher's stand-alone software unit, the latest change as the company aims to turn its business around under new leadership.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 23, 2024 18:07 ET (22:07 GMT)
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