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Autobytel

Autobytel Gives Up On Sale

Jan 23, 2009 6:30 AM

Online auto site Autobytel has taken itself off the block. The Irvine, Calif.-based auto sales and lead-generation company hired RBC Capital Markets to help evaluate the merits of a possible sale last September, but has since decided that such a deal wouldn’t net shareholders enough value given the state of…

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Posted In: Advertising, Money, autobytel, rbc capital markets

Auto Site Autobytel Cuts Staff;  Puts Up a For Sale Sign

Sep 26, 2008 11:43 PM

Online auto site Autobytel, based in Irvine, CA, has laid off about 75 employees under a cost-cutting plan it began last year, it said, citing, as usual, the economy. These represent about 35 percent of its work force. It has also hired RBC Capital Markets to explore a possible sale…

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Posted In: , autobytel

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