AutoTrader Expands With Kelley Blue Book Buy

Law360, New York (October 26, 2010, 3:59 PM EDT) -- Online automotive marketplace said Tuesday it will acquire Kelley Blue Book, the publisher of a vehicle pricing guide, and its accompanying website for an undisclosed sum., headquartered in Atlanta, will also purchase Kelley Blue Book's sister companies CDMdata Inc. and CDM Dealer Services. The privately owned companies did not disclose details of the transaction, which is expected to close by the end of 2010.

The Financial Times reported in September that Kelley Blue Book would likely be valued at between $500 million and $1...
To view the full article, register now.