Although Adesa Inc.'s board of directors has thrown its support behind a plan to sell the business to a group of private investors, some high-profile shareholders recently expressed misgivings about ...
Carmel-based auto auction Adesa Inc. said yesterday that it intends to buy the 82 percent of Live Global Bid Inc. it doesn’t already own. Headquartered in Moose Jaw in the Canadian province of ...
Adesa Inc., a former subsidiary of Duluth-based Allete Inc., announced Friday plans to go private. If the deal is approved by shareholders, the company, which operates the second-largest auto auction ...
The trading debut of a used-car auctioneer bested those of two technology companies Wednesday as investors continued to give a mixed reaction to new issues. Adesa Inc., the auction company, had the ...
Shareholders of Carmel-based Adesa Inc. today approved the auto auction’s $3.7 billion acquisition by Kar Acquisition Inc., which is owned by Kelso & Co.; GS Capital Partners, an affiliate of Goldman ...
Apollo Global Management Inc. tossed a lifeline to Carvana Co. by offering to buy roughly half of a struggling junk-bond sale that will help the used-car retailer fund an acquisition and make new ...