Wednesday, 14 August 2019

CDK settles Cox Automotive lawsuit, reports quarterly net loss

Terms of the settlement weren't disclosed. CDK recorded a $90 million accrual for litigation in the quarter, part of which included the Cox resolution and the rest a reserve for remaining cases.

source https://www.autonews.com/dealers/cdk-settles-cox-automotive-lawsuit-reports-quarterly-net-loss

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