CDK Acquired, Crypto-Bull, A Dark Horse In the Website Race

Shoot us a Text.

We’re talking tech from across the spectrum today from finance, to websites, acquisitions. From Miami’s new crypto-symbolism, to a secret Dealer website project revealed, as well as a new play by Toyota regarding autonomous vehicles…we ain’t in Kansas anymore, Toto.

• CDK Acquired by Private Equity Group Brookfield  
  • “Brookfield will commence a tender offer to acquire all of the outstanding shares of CDK. CDK shareholders will receive $54.87 per share in cash upon completion of the transaction, which represents a 30% premium to the unaffected closing price of CDK stock on Feb. 18, 2022, the last full trading day prior to market speculation regarding a potential sale of the company. “
  • Recent acquisitions include Nielson
• Crypto-bull has been revealed at the Bitcoin 2022 Festival in Miami to symbolize Miami’s ambitions to be a city representing the “future of finance”
  • More than 25,000 attendees have arrived to hear major announcements and mingle with the most influential people in crypto
  • Florida weather and tax benefits are a big part of Miami’s ‘pitch’ 
  • Miami is working to make BTC legal tender across the city
  • BTC down 30% from November 2021 and over 6% this week
• Auto Genius Labs makes surprise announcement that they have built a first-ever Automotive website with perfect speed scores and instant loading of 10s of thousands of vehicles for an app-like shopping experience for the Koons Automotive Group

Sign up for the ASOTU Daily Push Back email at https://www.asotu.com/

Listen to other episodes: https://www.asotu.com/media/podcasts

Read the most recent Daily Push Back email at: https://www.asotu.com/media/push-back-email

Share positive dealer stories: https://www.asotu.com/positivity

------------------------------------------------------------------ 

For all Things ASOTU Check out our Socials 

Website: https://www.asotu.com/ 

Instagram: https://www.instagram.com/automotivestateoftheunion/ 

Twitter: https://twitter.com/asotu_ 

Tik Tok: https://www.tiktok.com/@ASOTU 

FaceBook: https://www.facebook.com/automotivestateoftheunion 

Pinterest: https://www.pinterest.com/automotivestateoftheunion/_created/ 

Linkedin: https://www.linkedin.com/company/asotu/ 

------------------------------------------------------------------

Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.

Get the Daily Push Back email at https://www.asotu.com/

JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/