Classified Ventures explores $3 bln sale of Cars.com - Reuters
Classified Ventures, a joint venture of five media companies, has put its online listings business Cars.com up for sale at a price of up to $3 billion, The Wall Street Journal reported on Sunday, writes Reuters. Classified Ventures has retained investment bank Moelis & Co as an adviser on the potential sale and is in talks with potential bidders that are expected to include private equity firms as well as strategic investors, the Journal reported.
10 March 2014•1 min read
