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Starboard's Jeff Smith announces new $7 billion stake in KAR Auction Services

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Starboard's Jeff Smith announces new $7 billion stake in KAR Auction Services

Jeff Smith, Starboard Value CEO, discusses his new stake in KAR Auction Services, Inc. in an exclusive interview with CNBC's David Faber.

03:23

Tue, Apr 16 201910:40 AM EDT

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