AutoNation, Inc. (NYSE:AN), America’s largest and most admired automotive retailer, today announced its acquisition of an approximately 6.1% minority ownership stake in TrueCar, Inc. (NASDAQ:TRUE), a leading automotive digital marketplace that lets auto buyers and sellers connect to its nationwide network of Certified Dealers. AutoNation’s decision to invest in TrueCar signals the company’s continued commitment to emerging technologies and its constant focus on providing peerless Customer experiences. TrueCar provides an end-to-end, transparent and efficient way for consumers to navigate the car-buying journey.
Cigna Drops Humana Merger, Opts For $10 Billion Buyback Strategy
In a recent development in the health insurance sector, Cigna Corporation (NYSE: CI) has withdrawn from its proposed merger with Humana Inc. (NYSE:
