Drivin: Groupon founders' auto startup Drivin sold for $43M

Drivin, a Chicago startup launched by Groupon founders Brad Keywell and Eric Lefkofsky, has sold to a major car auction company for $43 million in stock. KAR, a Carmel, Indiana-based used car auction services company, announced Wednesday it has acquired Drivin and will use the startup to help expand its product offerings. Drivin's CEO Kayne Grau and COO Justin Mahlik will remain with KAR as president and COO, respectively. The company will remain in its Chicago location. Drivin was founded in...