ADESA is going public

ADESA

According to a press release by KAR Holdings the parent company of ADESA

KAR Holdings, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America, announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The Company intends to apply to list its common stock on the New York Stock Exchange.

NYSE

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