Carmax Inc

NYSE:KMX   3:59:49 PM EDT
129.06
+0.13 (+0.10%)
4:00:00 PM EDT: $129.05 -0.01 (-0.01%)
Equity Investments, Mergers / Acquisitions

Carmax To Acquire Remaining Stake In Edmunds

Published: 04/01/2021 11:35 GMT
Carmax Inc (KMX) - Carmax to Acquire Remaining Stake in Edmunds.
Carmax to Acquire Remaining Stake in Edmunds.
Carmax Inc - Carmax Will Acquire Remaining Shares of Edmunds for a Purchase Price That Implies an Enterprise Value of $404 Million.
Carmax Inc - Expect Addition of Edmunds' Net Income to Be Immaterial to Company's Earnings per Share in Fiscal 2022.
Carmax - Purchase Price Implies Enterprise Value of $404 Million, Inclusive of Initial Investment, Which We Expect to Be Paid in Cash and Stock.