Carvana Acquires ADESA U.S.’s Physical Auction Business

Carvana Acquires ADESA U.S.’s Physical Auction Business

PHOENIX — Carvana Co. (NYSE: CVNA), the leading e-commerce brand for buying and selling used cars, announces the $2.2B acquisition of ADESA’s U.S. physical auction business (“ADESA U.S.”) from KAR Global (NYSE: KAR), consisting of 56 ADESA U.S. locations totaling...
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