AAP reports:
Carsales.com.au Ltd have approved plans to combine the business with PBL’s online classified business.
News Ltd has extended its offer for realestate.com.au since its stake has passed 50%.
These news items when considered in the context of flat or falling sales for classified focused over the counter product (Trading Post; SMH, The Age) underscore the need for retailers and in particular newsagents to bring on stream new traffic generators to replace newspaper sales traffic.