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News Corp. closes acquisition of Opcity
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News Corp. unit Move Inc. has completed its acquisition of real estate technology platform Opcity Inc. for $210 million, subject to adjustments.
The deal expands Move-operated realtor.com's lead-generation portfolio by adding Opcity's concierge-based model, according to a news release dated Oct. 11.
Texas-based Opcity, which has more than 5,000 brokerages and over 40,000 agents, will continue to run under its current brand.