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United States

KAR Auction Services Inc (KAR.N)

KAR.N on New York Stock Exchange

53.26USD
11:44am EDT
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Tue, Feb 27 2018

KAR to spin off salvage auction business IAA within a year

DETROIT Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on their separated priorities and boost shareholder value.

KAR to spin off salvage auction business IAA within a year

DETROIT, Feb 27 Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on their separated priorities and boost shareholder value.

BRIEF-Kar Auction Services Reports Q4 Earnings Per Share $1.27

* SEES ‍NET INCOME PER SHARE $2.40 - $2.55 FOR 2018​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

KAR buys STRATIM to boost ride-sharing fleet management business

DETROIT KAR Auction Services Inc , a leading U.S. operator of car auction and salvage services, said on Wednesday it has acquired fleet management software company STRATIM to enter the nascent industry of providing services to ride-sharing and other transportation-as-a-service providers.

BRIEF-KAR Accelerates Mobility Strategy With Acquisition Of STRATIM

* KAR ACCELERATES MOBILITY STRATEGY WITH ACQUISITION OF STRATIM

KAR buys STRATIM to boost ride-sharing fleet management business

DETROIT, Feb 7 KAR Auction Services Inc, a leading U.S. operator of car auction and salvage services, said on Wednesday it has acquired fleet management software company STRATIM to enter the nascent industry of providing services to ride-sharing and other transportation-as-a-service providers.

BRIEF-KAR Auction Services reports Q3 earnings per share $0.46

* KAR Auction Services Inc reports third quarter 2017 financial results

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