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Gabelli & Company to Host Discussion on Adesa.


RYE, N.Y. -- Gabelli & Company, Inc. plans to host a meeting on Thursday, March 1, 2007 at 4:30PM to discuss a proposed transaction in which Adesa, Inc. (NYSE NYSE

See: New York Stock Exchange
: KAR) would be acquired by a consortium of private equity firms.

Adesa's management, institutional investors, and securities analysts have been invited to share their views on the proposed deal and the prevailing used-vehicle market fundamentals.

Located in Carmel, Indiana Carmel (IPA: [ˈkɑɹ.ml̩]) is a city in Hamilton County, Indiana, United States. The population was 37,733 at the 2000 census but has been growing very rapidly. , Adesa Inc. provides used-vehicle and salvage auction services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada.

Gabelli & Company, Inc., an institutional research and brokerage firm, is a subsidiary of GAMCO Investors, Inc. (NYSE: GBL GBL Gamma-Butyrolactone
GBL government bill of lading (US DoD)
GBL Ground-Based Laser
GBL Game Boy Light
GBL General Bearing Line
GBL Generation Breakdown List
GBL Ground-Based Laboratory
GBL Green Bus Lines, Inc.
).

[c] 2007 Gabelli & Company, Inc. - All rights reserved.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 13, 2007
Words:108
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