Cars.com Looking To Be Sold

[Chris Slaydon]

http://online.wsj.com/news/articles/SB10001424052702303795904579429421206554050?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303795904579429421206554050.html


WSJ reporting that Cars.com is seeking a $3 Billion sell.

 

[kevinfrye]

I was told that Cars.com was looking to raise our rates 15% on Friday - anyone else getting bumped on their rates? Would make sense that Cars.com is trying to increase revenues if they are looking to sell.

 

[yagoparamo]

Jeff just put 1B down and bought it, hence the 15% hike (new cologne, tight pants, etc)