Asbury Automotive Group is primed to become the nation's fourth-largest dealership group with its pending purchase of Jim Koons Automotive Cos. Upon closure, the deal would be one of the largest in auto retail history.
U.S. auto dealer Asbury Automotive Group said on Friday it would buy privately-owned Jim Koons Automotive for about $1.2 billion to increase its foothold in…
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Asbury Automotive Group, Inc. (ABG), an automotive retailer, Friday said it has signed a definitive agreement to acquire Jim Koons Automotive Companies, a privately-owned dealership group in the U.