About This Deal

News Corporation acquired Rentalutions, Inc. (Avail) for ~US$36 million initial cash (net of cash), plus up to US$8M contingent, a transaction announced in December 2020.

Acquired the DIY-landlord and tenant platform to help realtor.com expand into the rentals space and grow its audience of landlords and renters.

Acquired the DIY-landlord and tenant platform to help realtor.com expand into the rentals space and grow its audience of landlords and renters.

Deal Terms

Acquirer
News Corporation
Target
Rentalutions, Inc. (Avail)
Value
~US$36 million initial cash (net of cash), plus up to US$8M contingent
Date
December 2020
Type
Full acquisition
Status
Completed

Transaction Details

Announced
December 2020

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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