Car Help USA Rescinds Unsolicited Bid for Auctions International Inc.

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Car Help USA Rescinds Unsolicited Bid for Auctions International Inc.

We are disappointed an agreement could not be reached with Auctions International at this time, however we are still moving forward.

Car Help USA Rescinds Unsolicited Bid for Auctions International Inc.

The rescission stalls recent attempts to acquire Auctions International Inc.

CEO Dan West states “We are disappointed an agreement could not be reached with Auctions International at this time, however we are still moving forward.”

Some analysts believe the withdrawal brings an end to the unsolicited offer, however Car Help USA still has plans to potentially finalize an acquisition.

Mr. West states “Car Help USA is planning to acquire Auctions International at a later date, with due diligence. Auctions International will enable us to better server our clients. Our primary purpose is to amend predatory auto loans for our clients, and we look forward to continued growth.”

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