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Article: AutoNation to Acquire Honda and Acura Dealerships.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- November 11, 2009
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AutoNation, Inc. (NYSE:AN), America's largest automotive retailer, announced that it has signed agreements to acquire Valley Honda and Valley Acura in Spokane, Washington.
The stores will be renamed AppleWay Honda and AppleWay Acura after the completion of the transaction, which is expected to take place by the end of 2009, and they will become the 9th and 10th new vehicle franchises owned by AutoNation in Spokane. The two stores together generated approximately $38 million of sales in fiscal 2008. The transaction is subject to customary terms and conditions, including manufacturer approval.
"Valley Honda and Valley Acura will be an outstanding addition ...
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Article: Valley Honda seeking more time for sales tax rebate
Beacon News, The (Aurora, IL);
January 29, 2009 ;
506 words
...AURORA - A struggling economy has Valley Honda asking the city to extend its deadline ... auto dealership for another 10 years. Valley Honda proposed the deal because it was faced ... end of next year to stay in Aurora, Valley Honda President Robert Navarre previously ...
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