KAR Global close to finalizing ADESA U.S. sale to Carvana

KAR Global close to finalizing ADESA U.S. sale to Carvana

KAR expects to finalize the sale of ADESA to Carvana within the next week. KAR CEO Peter Kelly confirmed the timeframe in the company’s first-quarter earnings release. KAR also reported an $8.4 million net loss in the quarter.

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