The boss of the Australian portal Giantrea Group denied that his retirement, announced yesterday, was spurred by an attempt to buy his company's right move.
Owen Wilson (main image), who piloted the company for six years and worked for a total of 16 years, says he plans to retire by June, depending on how long it will take him to find a successor. 
Rea Group made headlines last fall, which Wilson tried to persuade him personally.
RightMove shareholders will turn stocks into parts with stocks, allowing his company to manage the UK's largest real estate portal.
defeat
However, on October 1, Wilson had to admit his defeat after spending a large sum of money on a campaign in which Rea Group made four different offers to RightMove's institutional investors.
At the time, Wilson said his overture had a clear “strategic basis” and that the acquisition would “be an opportunity to establish a globally diverse digital property company in the UK.”
This effort did not damage REA Group financially. It reported six-month profits up 26% to $314 million.
Nevertheless, during an investor briefing session, Wilson was persuaded by rumors about his departure, saying that right-body bids were not a factor in his decision to resign.
Capital Brief reports that he added:
“You know, there are a lot of factors that led to this decision. One thing I say – if you know me, you know how I'm wired – me I wouldn't have made this decision if they hadn't fired them, and that's how I wired them up,” Wilson said.
“RightMove had no impact on that. This is a personal decision.”
