Herb Chambers, Asbury Automotive Group

Herb Chambers is selling his dealerships in $1.34 billion deal
The deal marks the end of private ownership for one of the largest auto dealership chains. The post Herb Chambers is selling his dealerships in $1.34 billion deal appeared first on Boston.com.
Herb Chambers Companies selling for $1.34B to Asbury Automotive Group
New England auto giant Herb Chambers Companies has been acquired by the publicly traded Asbury Automotive Group in a $1.34 billion blockbuster deal.
New England auto dealership chain Herb Chambers Cos. to be acquired by Georgia company in billion-dollar deal
The deal, which is expected to close later this year, includes 33 dealerships, 52 franchises, and three collision centers in Massachusetts and Rhode Island.
Asbury Automotive to buy Herb Chambers' dealerships in $1.34 billion deal
Auto retailer Asbury Automotive Group said on Tuesday it would acquire automotive dealerships owned by Herb Chambers Companies in a deal valued at $1.34 billion.
Car sales giant Herb Chambers sold for $1.34B
Asbury Automotive of Duluth, Georgia, will take control of The Herb Chambers Companies, which owns dealerships and collision centers in Massachusetts and Rhode Island, the companies announced Tuesday.
Herb Chambers sold for $1.34B to Georgia-based automotive retailer
Documents recently submitted to the U.S. Securities and Exchange Commission reveal that Asbury Automotive Group will acquire Herb Chambers' 33 dealerships, 52 franchises and three collision centers.
Asbury Automotive to acquire 33 dealerships from Herb Chambers Companies
Asbury Automotive Group has reached a definitive agreement to acquire 33 dealerships and three collision centers from HCC.
Herb Chambers selling car dealership network to Asbury Automotive Group for $1.34 billion
"As I look back on the last 40 years in business, I do so with immense pride, and as I look forward, I will do so with great satisfaction knowing what we built together will be in trusted hands," Chambers said in a statement.
Herb Chambers Companies sold to Asbury Automotive Group for $1.34B
Herb Chambers has reached an agreement to sell his network of New England car dealerships to Asbury Automotive Group for $1.34 billion.
Atlanta auto group acquires Herb Chambers car dealerships
A large Atlanta-based auto group acquired the New England chain in a $1.3 billion deal. Investors closely monitor the moves of billionaire investor Bill Ackman and his hedge fund Pershing Square Capital Management.
ABG to Acquire Herb Chambers: Is the Stock Worth Buying Now?
Asbury Automotive Group ABG has inked a deal to acquire several automotive dealerships from The Herb Chambers Companies, one of the largest private dealership groups in the country. The deal includes 33 dealerships,
Asbury Automotive to buy Massachusetts-based competitor for $1.3 billion
Chambers is the 14th-largest privately owned car dealership group in the U.S. with $2.9 billion in revenue last year, ...
Herb Chambers to be sold for $1.34 billion
Herb Chambers Companies, a prominent New England auto dealership group, will be acquired by Asbury Automotive Group, ...
WBUR3d
In icy storm aftermath, Somerville issues 'hundreds of tickets a day' for uncleared sidewalks
This past weekend’s storm has left sheets of ice on sidewalks across the Boston area. In Somerville, officials say they're ...
cbtnews2d
Weekly roundup: Asbury expands, Trump’s auto tariffs, Ford delays F-150
Asbury Automotive acquired 33 dealerships from Herb Chambers Companies. Trump targets auto imports with new tariffs by April.