Wednesday, May 4, 2022

KAR Global close to finalizing ADESA U.S. sale to Carvana

KAR Global close to finalizing ADESA U.S. sale to Carvana https://ift.tt/iAUraOH

KAR expects to finalize the sale of ADESA to Carvana within the next week. KAR CEO Peter Kelly confirmed the timeframe in the company's first-quarter earnings release. KAR also reported an $8.4 million net loss in the quarter.

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