Cases & Deals

Asbury Automotive Group to acquire Park Place dealerships for $1 billion

Clients Asbury Automotive Group, Inc.

Jones Day is advising Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., in its acquisition of Park Place Dealerships, one of the country's largest and most prominent luxury dealer groups, for $1 billion in an all-cash transaction, excluding vehicle inventory.

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