$400 million to Autotrader.com shareholders
10 Apr 2012
While there has been little coverage and as yet no confirmation, Dow Jones has reported an upcoming $400 million payment by AutoTrader.com to its shareholders.
"Backed by Providence Equity Partners and Kleiner Perkins Caufield & Byers, [AutoTrader.com] plans to distribute a $400 million dividend to shareholders," reported DowJones.com. "The company is proposing a $200 million senior secured t