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DealerTrack Technologies Inc Announces Agreement To Acquire VINtek

Monday, 23 Sep 2013 04:30pm EDT 

DealerTrack Technologies Inc announced an agreement to acquire VINtek, a provider of automotive collateral management, electronic lien and title (ELT) and consumer automotive finance processing services. Total consideration for the transaction is expected to be approximately $53.4 million in cash, subject to standard purchase price adjustments. This transaction is expected to close in the fourth quarter of this year, subject to customary closing conditions. 

Company Quote

0.41 +0.89%
22 Dec 2014