KAR Auction Services, Inc. (NYSE:KAR) Files An 8-K Regulation FD Disclosure

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KAR Auction Services, Inc. (NYSE:KAR) Files An 8-K Regulation FD Disclosure

KAR Auction Services, Inc. (NYSE:KAR) Files An 8-K Regulation FD Disclosure
Item 7.01

On June 5, 2019, KAR Auction Services, Inc., a Delaware corporation, posted two investor presentations on its website regarding the proposed spin-off of its salvage vehicle auction business into an independent, publicly-traded company. Copies of the investor presentations are furnished as Exhibits 99.1 and 99.2, respectively, to this Form 8-K and are incorporated herein by reference.
(d) Exhibits.

KAR Auction Services, Inc. Exhibit
EX-99.1 2 nc10002379x1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1   1 RemainCo Investor Presentation June 2019  2 Disclaimer This presentation is for informational purposes only. Neither the company nor any of its affiliates or representatives makes anyrepresentation or warranty,…
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About KAR Auction Services, Inc. (NYSE:KAR)

KAR Auction Services, Inc. is a provider of whole car auction services in North America, and salvage auction services in North America and the United Kingdom. The Company operates through three segments: ADESA, Inc. (ADESA Auctions), Insurance Auto Auctions, Inc. (IAA) and Automotive Finance Corporation (AFC). The ADESA segment is a provider of whole car auctions and related services to the vehicle remarketing industry in North America. The Company operates as IAA in the United States and Impact Auto Auctions in Canada. The AFC segment is a provider of floorplan financing to independent used vehicle dealers. It facilitates a marketplace by providing auction services for sellers of used, or whole car, vehicles and salvage vehicles through its approximately 240 physical auction locations, and multiple Internet venues. The Company facilitates the sale of over 4.4 million used and salvage vehicles.