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GoCompare rejects second Zoopla bid

GoCompare rejects second Zoopla bid

GoCompare (GOCO) has rejected a 110p-a-share offer from fellow price comparison company ZPG (ZPG) – formerly Zoopla. It’s the second time this year the property specialist has attempted to buy its insurance-focused peer, last making an identical bid in May. On both occasions, management at the target company said the proposal “fundamentally undervalues” its website.

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