CDK News and Press, CDK Global Inc. From 04/12/22

Numa’s Customer Response Platform amplified with CDK DMS Numa - the AI-driven customer response platform for dealership fixed operations departments that rescues missed calls and appointments - today announced it has become a participant in the CDK Global Partner Pr...

WindAcre opposes Nielsen Holdings' agreement to be taken private and doubles its stake in the company. Change Healthcare and UnitedHealth Group extend their merger agreement. Change Healthcare to pay a special cash dividend to its shareholders. Spirit Airlines receives an unsolici...

Goldman Sachs equity strategists stressed the importance of pricing power for companies given a four-decade high in inflation and rising commodities prices. "Pricing power will become increasingly important in the face of continued inflation and cost pressures," David Kostin, chief U.S. equit...

CDK Global Inc. ( NASDAQ: CDK ) is up 10% after the automotive retail tech company signed a definitive agreement to be purchased by Brookfield Business Partners with institutional investors for $8.3 billion. Brookfield to acquire all outstanding CDK shares Brookfield wil...

SoFi Technologies (NASDAQ:SOFI) posted a double-digit percentage slide in Thursday's midday trading, dragged down by lowered guidance. Meanwhile, earnings-related news had the opposite impact on Constellation Brands (STZ) and Lamb Weston (LW). Both rose following the release of their respecti...

BROOKFIELD NEWS, April 07, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN), together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire CDK Global Inc. (NASDAQ: CDK) (“CDK Global...

CDK Global (NASDAQ:CDK) to be acquired by Brookfield Business Partners for a total enterprise value of $8.3B. Brookfield will commence a tender offer to acquire all of the outstanding shares of CDK at $54.87 per share in cash, representing a 30% premium on the closing price of the company on ...

CDK Global, Inc. (Nasdaq: CDK), a leading automotive retail technology company, has entered into a definitive agreement to be acquired by Brookfield Business Partners, together with institutional partners (collectively “Brookfield”), for a total enterprise value of $8....

Harris Associates’ 13F portfolio value increased from $62.77B to $64.23B this quarter. They increased Fiserv and Visa while dropping Alibaba Group Holdings and Cenovus Energy. The top three positions are Alphabet, Fiserv, and Bank of America, and they add up to ~16% of the ...

Mobile and remote services, new technology adoption and OEM relationships are key focus areas for dealers through 2024 Inventory shortages and staffing challenges continue to be primary areas of focus for the automotive industry. However, trendsetting dealers are...