KAR Auction Services (KAR)
IPO for Debt is Lousy Investment
KAR Auction Services - IPO for Debt is Awful Expense An IPO that's required to mainly pay-down debt creates an undesirable expenditure. This past year KAR had a net lack of $169.9 million, with many earnings produced by reducing prices and costs. Revenue were also along more than 3%. Most of The ...