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- ADT CEO wants to buy 9 auctions.(Brief Article)(Statistical Data Included)
- The man who helped build ADT Automotive Inc. into the nation's third-largest auto auction company is among the suitors who want to buy a chunk of it. Tony Moorby, CEO of ADT in Nashville, Tenn., said he is working to line up partners and...
- Research articles 2000-06-12
- Manheim, Adesa spar over ADT deal.(Brief Article)
- Manheim Auction Inc.'s bid to purchase ADT Automotive Inc. has fueled a war of words between Manheim and rival Adesa Corp. Adesa CEO Jim Hallett said Manheim's proposal to purchase ADT violates antitrust laws and should be blocked by the Federal Trade Commission. Hallett...
- Research articles 2000-02-14
- Auto Services, Water Utilities Cited in Minnesota Power's Growth.(Knight Ridder/Tribune Business News)
- Jan. 19--You wouldn't know it by checking recent stock quotes, but Minnesota Power's five-year diversification strategy has produced a third year of solid earnings growth that exceeds that of most utilities in its peer group. The Duluth-based company reported 1999 net income of $104.2...
- Research articles 2000-01-18
- IN-HOUSE CERTIFICATION BOOSTS AUCTION PRICES.
- Based on a promising start, North America's largest auto auction chains are expanding their certified used-vehicle programs. Officials at ADT Automotive Inc., Adesa Corp. and Manheim Auctions Inc. say in-house certified programs introduced at some of their auctions earlier this year have boosted auction...
- Research articles 1998-11-09
- ADT, ADESA EYE UNION BUT NEITHER WILL BLINK
- NASHVILLE, Tenn. - It's no secret auction giants ADT Automotive Inc. and Adesa Corp. would love to merge. However, neither of their parent companies is willing to sell out to the other, say ADT and Adesa officials. "Adesa is not for sale," said Jim Hallett, president...
- Research articles 1998-09-28
Additional Resources
- ADT, AutoNation could pair without merger. (ADT Automotive Inc.; AutoNation USA)
- ADT Automotive Inc. and AutoNation USA has closed a used car reconditioning pact despite the failed merger between parent companies ADT Ltd. and Republic Industries Inc. ADT Automotive will provide reconditioning services to AutoNation until the used-car superstore has developed its own reconditioning network. The $4.9 billion merger was abandoned...
- Research articles 1996-10-07
- Auctions moving from bricks to bytes. (automobile auction companies ADT Automotive Inc and ADESA Corp form alliance to establish online service company)
- ADT Automotive Inc and ADESA Corp have withdrawn from the Auto Auction Services Corp to form their own partnership that would provide online services. ADESA is the 3rd largest auction company next to ADT. The ADT/ADESA alliance divides the automobile auction industry into two technological groups. ADT and ADESA plan...
- Research articles 1998-04-20
- ADESA, Manheim divvy up ADT's auctions.(ADESA Corp., ADT Automotive Inc.)(Brief Article)(Statistical Data Included)
- The nation's two largest wholesale auto auction chains are about to become even bigger. No. 2 ADESA Corp. and No. 1 Manheim Auctions last week signed a letter of intent allowing ADESA to buy eight ADT Automotive Inc. auctions and one Manheim auction from...
- Research articles 2000-07-03
- ADT PLANS $100 MILLION EXPANSION OF AUCTIONS.
- Tyco International Ltd. has loosened the purse strings so its ADT Automotive Inc. auto auction subsidiary can begin a $100 million expansion. The expansion ends several years of frustration for ADT executives, who have had to sit on the sidelines while rivals Manheim Auctions and ...
- Research articles 1998-06-01
- ADT CHAIN LAUNCHES RETAIL CERTIFICATION PLAN.
- ADT Automotive Inc., one of the nation's top wholesale auto auction chains, has entered the retail market with a used-vehicle certification program and a well-known stop sign logo. Industry officials say ADT Certified, which was launched April 13 at ADT's Arena Auto Auction in...
- Research articles 1999-05-03
- ADT, ADESA REJOIN HUNT FOR ONLINE AUCTION LINK.
- LAS VEGAS - The auto auction industry's attempts to create an Internet link to its customers got a big boost last month when two large auction chains rejoined the effort. ADT Automotive Inc. of Nashville, Tenn., and Adesa Corp. of Indianapolis are once again...
- Research articles 1999-03-08
- Auto Subsidiary of Duluth, Minn.-Based Firm to Buy Nine Auctions.(Knight Ridder/Tribune Business News)
- Jun. 28--A Duluth-based corporation that's already a big wheel in the used auto business will likely be growing even larger. Minnesota Power Inc. announced Tuesday that its ADESA auto auction subsidiary has signed a letter of intent to buy eight ADT Automotive auctions and...
- Research articles 2000-06-29
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