Asbury Automotive Accelerates Expansion With $1.34 Billion Herb Chambers Takeover [Yahoo! Finance]
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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Source: Yahoo! Finance
2 min read In This Article ABG Asbury Automotive Accelerates Expansion With $1.34 Billion Herb Chambers Takeover Asbury Automotive Group Inc (NYSE: ABG ) shares are trading lower on Tuesday. The company inked a deal to acquire The Herb Chambers Companies in a $1.34 billion deal The transaction covers Herb Chambers' 33 dealerships, 52 franchises, and three collision centers, representing $2.9 billion in 2024 revenue. The transaction, expected to close in the late second quarter of 2025, is subject to customary conditions and will be funded through credit facilities, mortgage proceeds, and cash. Herb Chambers , principal of the Herb Chambers Companies, has agreed to assume the post of Special Advisor to Asbury and will retain ownership of Mercedes-Benz of Boston in Somerville, Massachusetts. David Hult , Asbury's President & CEO, said, “HCC is a respected brand with a rich history and reputation for having a customer and team member-focused culture, aligning directly wi
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ABG
News
- ?????????????????????:2031????16,429????????CAGR 7.6%??? [CNET News]CNET News
- Asbury Automotive promotes Clara to CEO [Yahoo! Finance]Yahoo! Finance
- Asbury Automotive Group Announces CEO Succession PlanBusiness Wire
- Asbury Automotive Group (NYSE:ABG) was given a new $230.00 price target on by analysts at Morgan Stanley.MarketBeat
- Asbury Automotive Group (NYSE:ABG) was given a new $251.00 price target on by analysts at Barclays PLC.MarketBeat
ABG
Earnings
- 10/28/25 - Beat
ABG
Sec Filings
- 12/8/25 - Form 8-K
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- ABG's page on the SEC website