Bloomberg: Cox, Apax eye

|By:, SA News Editor

Media-holding company Cox Enterprises and London-based private-equity firm Apax Partners are interested in bidding for auto-sales Web site, Bloomberg reports.

Cox already owns the AutoTrader site in the U.S. while Apax controls a business of the same name in the U.K.'s owner, newspaper consortium Classified Ventures, is hoping to fetch $3B in a sale. Classified's investors are Gannett (GCI), McClatchy (MNI), Tribune (TRBAA), A.H. Belo (AHC) and Graham Holdings (GHC).