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Provider: Thomson Reuters Stock Report
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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KAR Auction Services Inc Suspends Sale Efforts After Talks Fail-Reuters

Tuesday, 13 Nov 2012 02:09pm EST 

Reuters reported that KAR Auction Services Inc has ended efforts to sell itself for, after talks with private equity firm Clayton Dubilier & Rice LLC broke down over price and other deal terms. KAR had been in talks with bidders since at least this summer about a possible sale, and had entered into advanced discussions with CD&R. 

Company Quote

0.33 +1.10%
4:05pm EDT