KAR Auction Services, which provides auction services for sellers of used and salvage vehicles, will see its quiet period end next Tuesday, Jan. 19. On Dec. 10, 2009, the company raised $300 million by offering 25 million shares at $12, below the range of...read more
Eight deals were originally slated to begin trading this week in what would have been, if all had priced, the busiest IPO week of the year. However, only four of the eight ultimately made it to market, reflecting subdued deal demand and investors' lingering...read more
KAR Auction Services, which provides auction services for sellers of used and salvage vehicles, raised $300 million by offering 25,000,000 shares at $12.00, below the proposed range of $15 to $17. The company plans to list on the NYSE under the symbol "KAR". ...read more
KAR Auction Services (previously KAR Holdings), which provides auction services for sellers of used and salvage vehicle, announced terms for its IPO on Monday. The Carmel, IN-based company plans to raise $368 million by offering 23 million shares at a price...read more
KAR Auction Services quiet period ends January 19
KAR Auction Services, which provides auction services for sellers of used and salvage vehicles, will see its quiet period end next Tuesday, Jan. 19. On Dec. 10, 2009, the company raised $300 million by offering 25 million shares at $12, below the range of...read more
Four of eight planned IPOs this week complete deals
Eight deals were originally slated to begin trading this week in what would have been, if all had priced, the busiest IPO week of the year. However, only four of the eight ultimately made it to market, reflecting subdued deal demand and investors' lingering...read more
KAR Auction Services prices IPO at $12.00, below the range
KAR Auction Services, which provides auction services for sellers of used and salvage vehicles, raised $300 million by offering 25,000,000 shares at $12.00, below the proposed range of $15 to $17. The company plans to list on the NYSE under the symbol "KAR". ...read more
Vehicle auction services provider KAR Auction Services sets terms and timing
KAR Auction Services (previously KAR Holdings), which provides auction services for sellers of used and salvage vehicle, announced terms for its IPO on Monday. The Carmel, IN-based company plans to raise $368 million by offering 23 million shares at a price...read more