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Sonic Automotive Announces Acquisition of Five Dealerships

by Staff
November 26, 2001
1 min to read


Sonic Automotive, Inc. on Nov. 26 announced

that it has entered into agreements to purchase five dealerships. The dealerships have combined revenues of approximately $260 million annually.

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The dealerships to be acquired are: Park Place Audi, located in the Dallas, Texas metropolitan area; Don Kott Ford, Don Kott Lincoln-Mercury, Don Kott Chrysler-Jeep, and Don Kott Mazda/Isuzu/Kia, all located in the Los

Angeles metropolitan area.


The acquisitions are expected to close in the first quarter of 2002, according to Sonic.

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