Cars.com Inc. (CARS) Completes Strategic Review, 'No Actionable Bids'

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Cars.com Board of Directors Concludes Strategic Review Process, Focuses on Strategic Plan and Go-Forward Strategy to Drive Long-Term Value Creation

August 5, 2019 7:30 AM EDT

CHICAGO, Aug. 5, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading digital marketplace and solutions provider for the automotive industry, today announced that its Board of Directors has concluded the strategic review process first announced on January 16, 2019 with no actionable bids for the Company and will focus on executing its strategic plan as an independent public company.

"The Board is fully focused on driving... More