Asbury agrees to buy Jim Koons group for $1.2 billion in ‘transformative' acquisition

Koons Tysons Chrysler Dodge Jeep Ram — (Eric_Taylor)

September 08, 2023 02:32 PM

Asbury Automotive Group Inc. on Friday said it has agreed to spend $1.2 billion to purchase Jim Koons Automotive Cos. in a deal that would be one of the largest in auto retail history.

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