Asbury Automotive Group Agrees to Acquire The Herb Chambers Companies [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
6 min read In This Article ABG Sale of fourteenth largest private dealership group in the US includes 33 dealerships, 52 franchises, and 3 collision centers in Massachusetts and Rhode Island. DULUTH, Ga., February 18, 2025 BUSINESS WIRE )--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., signed a definitive agreement to acquire various automotive dealerships owned by The Herb Chambers Companies (HCC), the fourteenth largest by revenue privately-owned dealership group in the country. The sale of this flagship New England Region company is one of the most sizable in U.S. auto retail history, representing $2.9 billion in revenue in 2024, and includes 33 dealerships, 52 franchises, and three collision centers. The transaction is subject to customary closing conditions and is expected to close late in the second quarter of 2025. Asbury plans to fund the $1.34 billion purchase price with a combination of credit facil
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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