CDK Global rises after report of exploring potentail sale - InvestingChannel

CDK Global rises after report of exploring potentail sale

Shares of CDK Global (CDK) are rising in early trading after Dealreporter said, according to contacts, that the company is working with bankers at Morgan Stanley (MS) and Credit Suisse (CS) to contact potential buyers. The sale process is at an early stage, the report added, according to contacts. CDK Global shares have jumped about 4% to $65.07 in early trading.