Friday, February 27, 2026

did you know Car Max bought Edmunds?



 I just found out

In January of 2020 they purchased a minority stake in the digital car shopping leader. 

CarMax announced a definitive agreement to acquire the remaining stake in Edmunds on April 1, 2021, for $404 million, with the deal expected to close in June 2021.

The transaction valued Edmunds at $404 million.

Edmunds is headquartered in "EdQuarters" in Santa Monica, and was founded in 1966



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