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US real estate firm CoStar prepares $1.7 billion bid for Australia’s Domain, source says

By Scott Murdoch SYDNEY (Reuters) -U.S. online real estate firm CoStar is preparing a A$2.7 billion ($1.72 billion) bid for Australian property classifieds firm Domain Holdings, said a person with direct knowledge of the matter. CoStar declined to comment. Domain, which is about 60% owned by Australian media group Nine Entertainment, did not immediately respond to a request for comment from
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