Stock Market News
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)