- Hits: 513
Cox Enterprises Inc. and Providence Equity Partners announced a definitive agreement by which Cox has acquired Providence Equity's 25 percent equity interest in AutoTrader Group.
Cox Enterprises now holds a 98 percent stake in AutoTrader Group, with the remainder being held by current and former employees. Financial terms of the transaction were not disclosed.
- Hits: 446
Manheim announced that Julie Picard, market vice president of Manheim’s Pacific Market, has been named general manager and vice president of Manheim Pennsylvania.
Picard replaces Tim Van Dam, who was named market vice president of Manheim’s Northeast Market earlier this year. Picard reports to Van Dam and began her role on Jan. 1.
- Hits: 367
DataScan Field Services has acquired Launch Technologies LLC and Field-Logic LLC, two companies that operate together to provide floor plan auditing technology and audit services to financial institutions.
DataScan is one of the largest floor plan audit and vehicle inspection companies.