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News Center
KAR Auction Services Announces Additions to Management Team
Published: June 17, 2013
Carmel, Ind.—KAR Auction Services, Inc. (NYSE: KAR) today announced the promotions of Peter Kelly to the position of chief technology officer and Lisa Price to the position of executive vice president of human resources for KAR Auction Services. Both Kelly and Price will report directly to KAR CEO Jim Hallett.
Insurance Auto Auctions Optimizes Mobile App for iPhone5 Users
Published: June 17, 2013
WESTCHESTER, IL, June 17, 2013 —Insurance Auto Auctions, Inc. (IAA) the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced that it has optimized its IAA Buyer App for iPhone 5, making it the first in the industry to offer this capability to users. These enhancements bring a seamless mobile experience to customers using any of IAA’s mobile products without the need for a Wi-Fi connection to install the app. This capability is a differentiator in the industry and is a direct result of the efficient development of the IAA app, reducing storage requirements on mobile devices and allowing for faster downloads and installation.
Insurance Auto Auctions Launches CarKeyword App for Apple iPhone
Published: June 12, 2013
WESTCHESTER, Ill., USA June 12, 2013 — Insurance Auto Auctions, Inc. (IAA) the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced that it has launched the CarKeyword App for Apple iPhone, which can be downloaded free of charge through the Apple App Store, beginning today. CarKeyword includes search data features to track key words and help customers make smart buy-or-sell decisions through the convenience of their mobile devices. Optimized for iPhone 5, CarKeyword is the first App of its kind to be offered in Polish, Spanish, Arabic, and English.
KAR Auction Services Announces Secondary Offering of Common Stock - June 2013
Published: June 3, 2013
Carmel, IN – June 3, 2013 – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the commencement of an underwritten offering of 15.0 million shares of its common stock by existing stockholder KAR Holdings II, LLC (the “LLC”), subject to market and other conditions. The LLC is controlled by entities affiliated with Kelso Investment Associates VII, L.P., GS Capital Partners VI, L.P., ValueAct Capital Master Fund, L.P. and Parthenon Investors II, L.P. The Company will not receive any proceeds from the offering. In connection with the offering, the LLC intends to grant the underwriters an option to purchase up to 2.25 million additional shares.
kar/karauctionservices.com/news-center/KAR Auction Services Announces Additionsto Management Team
KAR Auction Services Announces Additions to Management Team
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