ADESA shareholders green-light Kar acquisition
Shareholders of Carmel-based Adesa Inc. today approved the auto auction’s $3.7 billion acquisition by Kar Acquisition Inc., which is owned by Kelso & Co.; GS Capital Partners, an affiliate of Goldman Sachs; ValueAct Capital and Parthenon Capital. The price of $27.85 per share was a premium of about 10 percent over the value of Adesa […]