Asbury Automotive Group, one of the largest automotive retailers in the United States, agreed to acquire luxury car seller Park Place Dealerships for $1 billion in an all-cash transaction, excluding vehicle inventory.
Billion-Dollar Sale Revs Up Auto Dealership Sales
Third-Quarter Transactions Put Market on Track to Surpass 2018 Activity Levels
CoStar News
December 20, 2019 | 7:31 P.M.
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