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-0.0164835164835165 -0.0164835164835165 -0.00343406593406586 -0.00343406593406586 -0.00343406593406586 0.000824175824175855 0 0.00178571428571427
Stock impact report

Ed Morse Automotive Group Acquires the Iconic Porsche Des Moines Dealership in West Des Moines [Yahoo! Finance]

PORSCHE AUTOMBL UNSP/ADR (POAHY) 
NASDAQ:AMEX Investor Relations: porsche-se.com/en/investor-relations
Company Research Source: Yahoo! Finance
Located at 7220 Lake Drive in West Des Moines, Porsche Des Moines is the only authorized Porsche dealership in Iowa. The Ed Morse Automotive Group acquired Porsche Des Moines from Woodhouse Auto Group of Omaha. The buyer's broker was Wes Hamilton with Pinnacle Mergers and Acquisitions. Porsche Des Moines features a state-of-the-art facility with an 11,000 square foot showroom and 12,000 square foot service bay. This acquisition will increase the company's total to 59 dealerships across the country. This will be the fifth dealership in Iowa for the Ed Morse Automotive Group with three in Muscatine and one in DeWitt. With the addition of the Porsche Des Moines employees, the Ed Morse Automotive Group can proudly announce that its team member total is over 2,800. "It is truly an honor to welcome the legendary Porsche brand to our growing family. This stunning dealership in West Des Moines is the perfect fit for our organization, as they are a well-respected, established, and well-r Show less Read more
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