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DBusiness Daily Update: CarMax to Acquire Remaining Stake in Edmunds, Boston s Prospero Health Expands into Michigan, and More

DBusiness Magazine DBusiness Daily Update: CarMax to Acquire Remaining Stake in Edmunds, Bostonâs Prospero Health Expands into Michigan, and More Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message. Courtesy of Bridge Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, pleaseÂ send us aÂ message. CarMax to Acquire Remaining Stake in Edmunds

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CarMax Loves The Content to Acquire Remaining Stake in Edmunds For $404 Million

CarMax Loves The Content to Acquire Remaining Stake in Edmunds For $404 Million RICHMOND, Va. CarMax, Inc. , the nation’s largest and most profitable retailer of used autos, today announced it has signed a definitive agreement to acquire Edmunds, one of the most well established and trusted online guides for automotive information and a recognized industry leader in digital car shopping innovations. With this acquisition, CarMax and Edmunds accelerate their respective capabilities to deliver an enhanced digital experience to their customers by leveraging Edmunds’ compelling content and technology, CarMax’s unparalleled national scale and infrastructure, and the combined talent of both companies. Following the closing of the transaction, Edmunds will continue to operate independently and will remain focused on delivering confidence to consumers and exceptional value to its dealer and OEM clients.

Avi steinlaufSullivan cromwellCarmax incGoldman sachs coMeagher flomCompanies to workBill nashChief executiveEdmund chief executive officerCarmax auto financeWork forஆவி சிடேன்லௌஉப்சல்லிவன் க்ரோம்வெல்கார்மேக்ஸ் இன்க்கோல்ட்மேன் சாக்ஸ் இணைமிகச்சிறிய ப்லோம்

CarMax to acquire full ownership of Edmunds

CarMax to acquire full ownership of Edmunds Photo credit: Ken Wolter / Shutterstock.com. Thursday, Apr. 01, 2021, 08:45 AM By Auto Remarketing Staff RICHMOND, Va. - After purchasing a minority stake in the company in early 2020, CarMax said Thursday it will acquire the remaining shares of Edmunds. The retailer The deal for CarMax to acquire full ownership of Edmunds is expected to close in June, with a “purchase price that implies an enterprise value of $404 million, inclusive of CarMax’s initial investment, which we expect to be paid in a combination of cash and stock,” the retailer said in a news release. “We are excited to bring the iconic Edmunds brand, history of innovation, and exceptional technology and creative talent into the CarMax family,” CarMax president and chief executive officer Bill Nash said in the release.

Avi steinlaufBill nashஆவி சிடேன்லௌஉப்ர சி து நஷ்

CarMax (KMX) to Acquire Remaining Stake in Edmunds

CarMax (KMX) to Acquire Remaining Stake in Edmunds
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Avi steinlaufCarmax incBill nashChief executiveEdmund chief executive officerஆவி சிடேன்லௌஉப்கார்மேக்ஸ் இன்க்ர சி து நஷ்தலைமை நிர்வாகிஎட்மண்ட் தலைமை நிர்வாகி அதிகாரி

Edmunds Presents Ninth Annual Five Star Dealer Awards Recognizing Exceptional Customer Service

Edmunds Presents Ninth Annual Five Star Dealer Awards Recognizing Exceptional Customer Service More than 100 dealers honored based on sales reviews from car shoppers on Edmunds; 13 earn prestigious Edmunds Five Star Premier designation News provided by Share this article Share this article SANTA MONICA, Calif., March 2, 2021 /PRNewswire/ The car shopping experts at Edmunds today announced the winners of the 2021 Edmunds Five Star Dealer Awards. This year s awards honor 106 dealers nationwide for outstanding customer satisfaction ratings, with an additional 13 of the highest-performing dealerships earning the prestigious Edmunds Five Star Premier Dealer designation. Earning a spot on the Five Star Dealer list is an accomplishment in any year, but given the unprecedented challenges that were thrown at dealerships across the country last year, this is truly a testament to the incredible effort made by dealers to go above and beyond for their customers, said Avi Steinlauf, CEO

Avi steinlaufFive star dealerEdmunds five star premier dealerஆவி சிடேன்லௌஉப்ஐந்து நட்சத்திரம் வியாபாரிஎட்மண்ட்ஸ் ஐந்து நட்சத்திரம் ப்ரிமியர் வியாபாரி