Attached files
file | filename |
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8-K/A - 8-K/A - KAR Auction Services, Inc. | a12-11382_28ka.htm |
Exhibit 99.2
The following sentence previously included in the Initial Form 8-K filed on May 7, 2012, in Exhibit 99.2 under ADESA Results on page 4 is amended to say:
Selling, general and administrative expense increased $11.6 million to $66.7 million, primarily due to the acquisition and integration of OPENLANE which accounted for approximately $11.7 million of the increase, as well as an increase in incentive compensation, partially offset by a decrease in stock-based compensation expense and fluctuations in the Canadian exchange rate.