Close the acquisition of Edmunds
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 1 Apr 2021
- Due
- 30 Jun 2021
- Delivered
- 1 Jun 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is subject to customary closing conditions and is expected to close in June 2021.”
What we found
Evidence strength A What the grades mean
CarMax completed the acquisition of Edmunds on June 1, 2021, which is within the expected timeframe of June 2021.
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A CarMax 10-Q filed 2021-10-01
“On June 1, 2021, we completed our acquisition of Edmunds for a total purchase price of $401.8 million” ✓ confirmed on the page
Market reaction: the shares moved -2.3% against the S&P 500 over the three sessions around the disclosure (30 Sep 2021 to 5 Oct 2021). What this measures
Checked 20 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- acquisition of Edmunds
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-KMX-017953 · Corrections policy