KAR Auction Services said late Tuesday afternoon that it is pursuing a spin-off of its Insurance Auto Auctions business unit. KAR said in a news release the proposed tax-free spin-off is designed to ...
Carmel-based KAR Auction Services Inc. is a colossus in the used-car auction business, with more than $3 billion in revenue and 17,000 employees. That might sound like a low-tech industry, and one ...
CARMEL, IN--(Marketwired - Apr 1, 2016) - KAR Auction Services, Inc. (NYSE: KAR) announced today that its subsidiary, ADESA, Inc., has successfully completed the acquisition of eight auctions owned by ...
Laying more groundwork to become publicly traded, the holding company for ADESA Inc. plans an initial public offering of 23 million shares of common stock. KAR Auction Services Inc., which announced ...
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