M&A
confidence medium
sentiment neutral
materiality 0.60
Asbury Automotive in discussions to acquire Jim Koons dealerships; no deal yet
ASBURY AUTOMOTIVE GROUP INC
- Disclosed talks regarding potential acquisition of Jim Koons dealerships.
- No definitive agreement has been entered into; no assurance a transaction will result.
- Asbury will not make further announcements until a definitive agreement or termination.