- Media-holding company Cox Enterprises and London-based private-equity firm Apax Partners are interested in bidding for auto-sales Web site Cars.com, 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.
- Cars.com's owner, newspaper consortium Classified Ventures, is hoping to fetch $3B in a sale. Classified's investors are Gannett (NYSE:GCI), McClatchy (NYSEMKT:MNI), Tribune (TRBAA), A.H. Belo (NYSE:AHC) and Graham Holdings (NYSE:GHC).
- Previous