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Asbury buys first stores in California.

Publication: Automotive News
Publication Date: 02-SEP-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Asbury buys first stores in California.(Asbury Automotive Inc. acquires Bob Baker Auto Group)(Brief Article)

Article Excerpt
Asbury Automotive Inc. of Stamford, Conn., the fifth-largest dealership group in the country, has agreed to acquire Bob Baker Auto Group of San Diego for about $88 million in cash and stock.

The transaction will increase Asbury's annual revenues to $5 billion and give the publicly held retailer a...

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