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Slide #100. Autobytel — AutoUSA
Acquirer:
Autobytel (ABTL)
Acquiree:
AutoUSA
Details:
B. Riley & Co., LLC (B. Riley) www.brileyco.com, a leading full service independent investment bank, announced that it has served as the exclusive financial advisor to Autobytel Inc. (NASDAQ: ABTL) in its acquisition of AutoUSA, a subsidiary of AutoNation Inc. (NYSE: AN).
Autobytel is an automotive marketing services company that assists automotive retail dealers (Dealers) and automotive manufacturers market and sell new and used vehicles to consumers through its programs for online lead referrals, Dealer marketing products and services, online advertising, consumer traffic referral programs and mobile products. Co.'s consumer-facing automotive websites, including its primary website Autobytel.com®, provide consumers with information and tools to aid them with their automotive purchase decisions and the ability to submit inquiries requesting Dealers to contact the consumers regarding purchasing or leasing vehicles.
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