PHOENIX — CSK Auto Corp. has sold all of the issued and outstanding capital stock of its wholly owned subsidiary, Automotive Information Systems, which does business as Identifix. CSK sold the business, a provider of diagnostic vehicle repair information, to Mobile Productivity, Inc. (MPI).
CSK received a senior secured note worth approximately $12 million in the sale. Also part of the agreement, CSK has obtained a license from MPI to utilize certain software products made available by AIS, and the right to designate one member of MPI’s board of directors.
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