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Is the Carsales (ASX:CAR) share price in the buy zone after its acquisition?

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The Carsales.Com Ltd (ASX: CAR) share price remains in a trading halt on Friday.

This follows a request on Wednesday by the auto listings company to halt its shares while it raises funds for a major new acquisition.

What is Carsales acquiring?

Carsales has signed an agreement to acquire a…



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