After completion of spin-off, KAR will focus primarily on its whole car auction marketplaces and technology solutions serving OEMs, captive financing companies, vehicle lending institutions, fleets, ...

DETROIT (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus ...

KAR Auction Services leaders say spinning off the company's salvage auction unit — now set for completion in June — will help each of its auction businesses be more focused while returning value to ...

The upcoming Insurance Auto Auctions spinoff is good news for current KAR stockholders. IAA is a terrific business with fantastic economics, which means that the transaction could potentially unlock a ...

Two of the largest salvage auction companies are in different stages of their journeys as publicly traded companies. One on its way toward a first anniversary; the other breaking out silver to ...

WESTCHESTER, Ill.--(BUSINESS WIRE)-- Insurance Auto Auctions, Inc. (IAA) the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYS: ...

The company provides salvage auction services for insurance companies, accident management companies, and other public and private sellers. Suburban Chicago automobile marketing firm IAA Inc. said ...

On April 1, 2019, KAR Auction Services, Inc. (NYSE: KAR, $55.98, Market Capitalization: $7.5 billion), a leading provider of whole car & salvage vehicle auction services and technology-enabled ...

KAR Auction Services Inc. said Tuesday that it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on their separate priorities and boost ...