Cars.com Mulls Sale

By Staff Writer January 23, 2019 42

Cars.com Inc. has been conducting a process to explore strategic alternatives, including a potential sale of the company. 

Cars.com has not set a timetable for the conclusion of its review of strategic alternatives, and it does not intend to comment further unless and until the board has approved a specific course of action or the company has otherwise determined that further disclosure is appropriate or required by law. 

Cars.com has retained J.P. Morgan as financial advisor and Latham & Watkins LLP as legal counsel for its process of exploring strategic alternatives.

 

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Last modified on Tuesday, 29 January 2019 15:22