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 ...
Asbury Automotive to acquire Herb Chambers for $1.34B, adding 33 dealerships & $2.9B in revenue. Deal expected to close in late Q2 2025, funded via credit, mortgage, and cash. A new wave of value and ...