BRIEF-Cars.Com Acquires DealerClub

Reuters

24 Jan

BRIEF-Cars.Com Acquires DealerClub

Jan 24 (Reuters) - Cars.com Inc CARS.N:

CARS.COM INC. ACQUIRES DEALERCLUB, EXPANDING TRADE & APPRAISAL PLATFORM CAPABILITIES WITH REPUTATION-BASED DEALER-TO-DEALER DIGITAL WHOLESALE AUCTION
CARS.COM INC - DEAL VALUE $25 MILLION WITH UP TO $88 MILLION PERFORMANCE-BASED
CARS.COM INC - TRANSACTION NOT EXPECTED TO BE ACCRETIVE TO ADJUSTED EBITDA IN 2025
CARS.COM INC - TRANSACTION EXPECTED TO HAVE IMMATERIAL REVENUE IMPACT IN 2025

Source text: ID:nPnb9kRwLa

Further company coverage: CARS.N

((Reuters.Briefs@thomsonreuters.com;))

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ACQUIRES DEALERCLUB, EXPANDING TRADE & APPRAISAL PLATFORM CAPABILITIES WITH REPUTATION-BASED DEALER-TO-DEALER DIGITAL WHOLESALE AUCTIONCARS.COM INC - DEAL VALUE $25 MILLION WITH UP TO $88 MILLION PERFORMANCE-BASEDCARS.COM INC - TRANSACTION NOT EXPECTED TO BE ACCRETIVE TO ADJUSTED EBITDA IN 2025CARS.COM INC - TRANSACTION EXPECTED TO HAVE IMMATERIAL REVENUE IMPACT IN 2025Source text: ID:nPnb9kRwLaFurther company coverage: CARS.N ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}