Investor Alert for Shareholders of Asbury Automotive Group Inc.

0 Comments | M2 Presswire, April, 2007

M2 PRESSWIRE-23 April 2007-bellwetherreport.com: Investor Alert for Shareholders of Asbury Automotive Group Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:23042007 Asbury Automotive Group has forfeited its title -- as the largest privately owned dealership group in the US -- to go public.

The company, which has grown through acquisitions, sells 30-plus auto brands through about a dozen major dealership groups (some 115 locations) in Arkansas, California, Florida, Georgia, Mississippi, Missouri, North Carolina, South Carolina, Texas, and Virginia. Asbury dealerships also offer parts, service, and collision repair as well as financing and insurance. The company is shifting its focus from buying large multi-location dealerships with established independent brands...

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