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Dealertrack CEO in line for $11.5M golden parachute

2015-07-01 19:06:17| Auto Dealers - Topix.net

The top five Dealetertrack Technologies executives will reap a little more than $31 million collectively, including $11.5 million for its CEO, as part of a $4 billion sale to Cox Automotive . Atlanta-based Cox through a subsidiary dubbed Runway Acquisition reached a deal to pay $63.25 per share to acquire Lake Success-based Dealertrack, which provides software and services for automobile dealers.

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