Monday, 5 August 2019

Cars.com, after strategic review, off the market; shares plunge

The online shopping guide and marketplace said a strategic review, including a possible sale, resulted in “no actionable bids.” The 10-month process drew 29 “interested, prospective bidders,” the company said. Cars.com shares plunged and closed down 34 percent in Monday trading.



source https://www.autonews.com/retail/carscom-after-strategic-review-market-shares-plunge

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