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What happened, with direct paths to the underlying reporting
- Lithia Motors, Inc. acquired Carousel Motor Group to expand in Minneapolis-Saint Paul. - The acquisition is expected to add $900 million to LAD’s annualized revenues. - The company has acquired nine dealerships, including luxury and domestic brands in Minnesota and Wisconsin. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Corporate Developments
- Lithia Motors, Inc. acquired Carousel Motor Group to expand in Minneapolis-Saint Paul.
- The acquisition is expected to add $900 million to LAD’s annualized revenues.
- The company has acquired nine dealerships, including luxury and domestic brands in Minnesota and Wisconsin.
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