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Justice Department conditionally approves Dealertrack deal

2015-10-01 13:34:13| Auto Dealers - Topix.net

Federal officials have approved Cox Automotive Inc.'s $4 billion acquisition of Lake Success software maker Dealertrack Technologies Inc. on the condition that the Long Island company follow through on plans to sell some of its programs to avoid a monopoly. Photo Credit: Newsday Federal officials have approved Cox Automotive Inc.'s $4 billion acquisition of Lake Success software maker Dealertrack Technologies Inc. on the condition that the Long Island company follow through on plans to sell some of its programs to avoid a monopoly.

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