MikeyMcDermott
$KAR quiet over here. Wonder if OPLN will buy rest of APAX shares alongside Q3 earnings now that they lost the ACVA bid.
Might unlock big move as overhang would be fully removed.
Q3 should be another growth acceleration as commercial off lease ramps and take some share in D2D -- maybe even pick some up from ACVA given CPRT news? And the new OEM + physical auction share gains.
Could easily come up with 300 million to buyback 8.5 million shares from APAX.