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America’s Car-Mart in talks for sale as subprime auto struggles

Shares traded at $1.10 Tuesday afternoon

Bloomberg News

America’s Car-Mart Inc. and its lenders are working toward a sale that will allow the business to continue operating, according to people familiar with the matter, as the used-car dealer and subprime lender navigates tight liquidity and mounting debt pressures. Discussions center around a deal that would be executed through a court-supervised Chapter 11 sale […]

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