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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| OPENLANE Inc | NYSE:KAR | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.06 | -0.34% | 17.54 | 17.66 | 17.45 | 17.60 | 609,130 | 21:23:25 |
From May 2019 to May 2024
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
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