Connells, the last remaining shareholder of the original Rightmove founders, will be renewing its deal with the portal. Which is a vote of confidence for the troubled Rightmove, sine Connells is a giant collection of agents, including Fox & Sons, Barnard Marcus and Allen & Harris. Less of a vote of confidence is news that it's put its 17% stake in the portal up for auction. I guess liquidity's stretched with volume where it is and - well - £40m could come in handy.
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