Herb Chambers is selling his dealerships in $1.34 billion deal
In a deal announced Tuesday, Georgia's Asbury Automotive Group will acquire New England's Herb Chambers Companies for $1.34 billion.
Asbury Automotive to buy Herb Chambers' dealerships in $1.34 billion deal
Auto retailer Asbury Automotive Group said on Tuesday it would acquire automotive dealerships owned by Herb Chambers Companies in a deal valued at $1.34 billion.
Asbury Automotive to acquire 33 dealerships from Herb Chambers Companies
Asbury Automotive Group has reached a definitive agreement to acquire 33 dealerships and three collision centers from HCC.
Herb Chambers Companies sold to Asbury Automotive Group for $1.34B
Herb Chambers has reached an agreement to sell his network of New England car dealerships to Asbury Automotive Group for $1.34 billion.
New England auto dealership chain Herb Chambers Cos. to be acquired by Georgia company in billion-dollar deal
The deal, which is expected to close later this year, includes 33 dealerships, 52 franchises, and three collision centers in Massachusetts and Rhode Island.
Herb Chambers sold for $1.34B to Georgia-based automotive retailer
Documents recently submitted to the U.S. Securities and Exchange Commission reveal that Asbury Automotive Group will acquire Herb Chambers' 33 dealerships, 52 franchises and three collision centers.
New England Auto King Herb Chambers Sells Dealer Group For $1.4 Billion
Herb Chambers has been one of the most prominent names in the automotive sector across New England. His company is one of the largest private auto dealership groups in the United States and currently employs more than 2,
Asbury Automotive to buy Massachusetts-based competitor for $1.3 billion
Asbury Automotive Group Inc. agreed to buy The Herb Chambers Cos. for more than $1.3 billion, the companies announced Feb. 18. Chambers is the 14th-largest privately owned car dealership group in the U.
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