Manheim, Adesa spar over ADT deal.(Brief Article)

Automotive News, February, 2000 by SAWYERS, ARLENA

Manheim Auction Inc.'s bid to purchase ADT Automotive Inc. has fueled a war of words between Manheim and rival Adesa Corp.

Adesa CEO Jim Hallett said Manheim's proposal to purchase ADT violates antitrust laws and should be blocked by the Federal Trade Commission. Hallett said Adesa is sharing that opinion with the FTC.

Manheim CEO Dennis Berry said Adesa's position is sour grapes. Berry said Adesa is opposing the acquisition because Manheim refused to allow Adesa to purchase some ADT auctions as part of Manheim's deal with ADT's parent company, Tyco International Ltd. of Hamilton, Bermuda.

``We have been disappointed in recent days to learn that Adesa is calling our customers, the news media and probably the Federal Trade Commission...

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