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Stock impact report

Kerrigan Advisors Represents Asbury Automotive Group in Sale of Larry H. Miller CDJR Riverdale to Young Automotive Group

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Business Wire
Sale of dealership in Utah’s second fastest-growing metro area underscores demand for high-quality franchises in the Western US and is Kerrigan Advisors’ 145th transaction in the region SALT LAKE CITY--(BUSINESS WIRE)--Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group, Inc. (“Asbury”) (NYSE: ABG) in the sale of its Larry H. Miller CDJR Riverdale dealership in Ogden, Utah, to Young Automotive Group. Young Automotive Group operates dealerships in Utah, Idaho, and Montana, and ranks as the 119th largest dealership group in the US per Automotive News. Asbury, one of the largest automotive retailers in the US, has been strategically optimizing their brand portfolio mix as part of its corporate strategy.The sale of CDJR Riverdale brings the total proceeds Kerrigan Advisors has raised on behalf of its dealership clients to nearly $10 billion since 2014, more than any other firm in auto retail. Show less Read more
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