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August 6, 2020

Lithia Motors

Medford, Oregon-based Lithia Motors acquired four John Eagle dealerships in Dallas and Austin, Texas. The deal includes John Eagle Honda of Dallas, Honda Cars of Rockwall, Howdy Honda of Austin and John Eagle Sports City Toyota. Combined, these businesses have $500 million in annual revenue. Lithia says this acquisition was financed with free cash flows and existing on-balance sheet capacity.




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