Cars.com hires JPMorgan to explore possible sale

[ryan.leslie]

@ryan.leslie. You're not allowed to plug the hole in this drama dam

Sorry Alex...

I mean, what does Cliff know about this kind of stuff anyway really? I'm sure he is only right so often because he guesses so much!

Carry on.

 

[Alexander Lau]

I think Cliff Banks already put this to bed as a bad rumor. Paraphrasing here, but he wrote that the source in the article was suspect and that his sources denied the claim. I tend to trust Cliff on these things.

You're probably right man.

 

[tijerin]

Y'all are silly if you think Cars is selling. ESPECIALLY because Cliff called it fake news. It's a non-issue. Why keep talking about it. Seriously.

 

[Alex Snyder]

Y'all are silly if you think Cars is selling. ESPECIALLY because Cliff called it fake news. It's a non-issue. Why keep talking about it. Seriously.

You should actually read through the thread first Arnold. You might see that this has already been brought up and the conversation pretty much died right after that.

 

[tijerin]

I did read through the thread, Alex. Ryan mentioned it first. I just chimed in backing him (and Cliff) up.

 

[Alexander Lau]

Wait, what was that again?

Cars.com officially exploring a sale
https://www.bizjournals.com/chicago/news/2018/07/11/cars-com-officially-exploring-a-sale.html

International private equity firm Apax Partners and Atlanta-based TV company Cox Communications are both being discussed as potential bidders for Cars.com. Mass media conglomerate Hearst Communications told DealReporter that it may also be interested in Cars.com if it were for sale.

 

[Alex Snyder]

......and Atlanta-based TV company Cox Communications are both being discussed as potential bidders for Cars.com.

 

[Alexander Lau]

There are no winners if that's the case bro!

 

[AWNick]

Bahahahahahahaha