T. Rowe Price Group Inc.’s mutual funds upped their stake in online auto retailer Vroom. New York-based Vroom announced the completion of its $146 million Series G funding round on Tuesday. The round was led by Auto Nation Inc., which invested $50 million in October. T. Rowe Price’s $27 billion New Horizons Fund, which is known for investing in startups before they go public, participated in Vroom’s latest funding round. The fund invested $17.8 million in preferred stock as part of the round,…
from https://www.bizjournals.com/baltimore/news/2018/12/11/t-rowe-price-ups-stake-in-online-auto-retailer.html?ana=RSS&s=article_search
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