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 ...
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Carmel-based KAR Auction Services Inc. said Tuesday that it expects the planned $2.2 billion sale of its U.S. physical auto auction business, ADESA, to Tempe, Arizona-based Carvana to be completed ...
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