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Carvana Strikes Deal to Avert Cash Crunch
The used-car seller will sell stock and pledge assets to back new debt. Source link
Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched
For Clues About Carvana's Future, Look to Its Past
Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans. Source link
CarMax Picks the Profit Lane
The used-car retailer has managed to increase its gross margins in a tough selling environment. Source link