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KSO Str PD 7.125 Ibm Tr

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Share Name Share Symbol Market Type
Str PD 7.125 Ibm Tr NYSE:KSO NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

KAR Auction in Early Talks on Leveraged Buyout -Reuters

22/08/2012 9:24pm

Dow Jones News


Str PD 7.125 Ibm (NYSE:KSO)
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KAR Auction Services Inc. (KAR) has sounded out private equity firms on a potential leveraged buyout, Reuters reported Wednesday citing two people familiar with the matter.

The people said the deal would top $4 billion, according to Reuters.

Goldman Sachs Capital Partners, Kelso & Co., Parthenon Capital LLC and ValueAct Capital LLC together own about 78% of the vehicle auction company and they have spoken to other buyout firms about selling KAR, the people told Reuters.

Full story at http://www.reuters.com/article/2012/08/22/us-kar-auction-idUSBRE87L0YD20120822

Write to nymonitoring@dowjones.com

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