CarMax to acquire the remaining stake in Edmunds for $354m.

CarMax, a retailer of used autos, agreed to acquire the remaining stake in Edmunds, an online guide for automotive information, for $354m. With this acquisition, CarMax and Edmunds accelerate their respective capabilities to deliver an enhanced digital experience to their customers by leveraging Edmunds’ compelling content and technology, CarMax’s unparalleled national scale and infrastructure, and the combined talent of both companies.