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Louisiana State Employees Retirement System Trims Stake in CDK Global, Inc. (NASDAQ:CDK)

Louisiana State Employees Retirement System lowered its stake in CDK Global, Inc. (NASDAQ:CDK – Get Rating) by 2.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,400 shares of the software maker’s stock after selling 700 shares during the quarter. Louisiana State Employees […]
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CDK Global buys vehicle the e-commerce platform Roadster for $360 million

Roadster, the Palo Alto-based digital platform that gives dealers tools to sell new and used vehicles online has been acquired for $360 million by retail automotive technology company CDK Global Inc., according to a Securities and Exchange Commission filing. As part of the all-cash deal, Roadster is now a wholly owned subsidiary. Roadster's business model has evolved since its founding in 2013.
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