Carvana Takes a Poison Pill to Avoid a Hostile Takeover
Struggling online used car retailer Carvana is doing all it can to ward off a hostile takeover — including a “poison pill” maneuver. Illinois dealers are appealing the state’s direct-to-customer EV sales ruling, and BYD is taking a cautious approach when it comes to entering the U.S. market. All these stories and more…