Carvana acquires KAR Global’s U.S. physical auction business

2022.05.10 15:10

(Reuters) – Online used-car seller Carvana Co (NYSE:CVNA) said on Tuesday that it acquired Carmel-based KAR Global’s U.S. physical auto auction business, ADESA, for $2.2 billion.

(This story corrects to say “acquires”, not “to acquire”, in headline, paragraph 1)

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