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We had a good chat about this today at Driven Data.  Here were some of the key points.


1. CDK was blocked by the FTC to acquire auto mate Link

- This doesn't necessarily mean the same would happen again but with the recent website acquisition CDK made, perhaps


2. CDK cash on hand was at ~800M prior to the eleads sale as of Sept is at ~312M

- Of course they can finance and don't need 100% of it to control cars.com but it's not cheap.


3. Cars.com is losing to Cargurus in distribution efficiency just look up Cost of Revenue on both 6.41M / 119M vs 39.95M / 169M

- How would CDK help on this front, I don't see efficiency getting better post sale.


4. This feels like a jab at Cars.com with a bonus of scaring Cox [USER=7]@joe.pistell[/USER] may have a read on it

- Cars has a great team and I want to see them stand on their own and fight