Carvana: Auction Participants Moving Away from ADESA After Announcement of Acquisition 

Published on Apr 14, 2022

Earlier this year, online used car dealer Carvana (CVNA) announced that it was acquiring the auction business of KAR Global (KAR) for $2.2 billion. The press release accompanying the announcement noted that the acquisition would greatly expand Carvana’s existing auto reconditioning infrastructure and stated that the company “will continue to operate ADESA U.S.’s existing wholesale […]

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