Purplebricks: Troubled estate agent sold to rival Strike for £1 as job cuts loom

Purplebricks: Troubled estate agent sold to rival Strike for £1 as job cuts loom

City A.M.

Published

Purplebricks has been sold for £1 to online estate agency Strike after shareholders approved the offer from the only remaining bidder. It will see the troubled firm come under the ownership of its rival, backed by Carphone Warehouse founder Sir Charles Dunstone. The online agency agreed to sell its business and assets to Strike for [...]

Full Article