Asbury Automotive to acquire Herb Chambers for $1.34bn.

Asbury Automotive, an automotive retail and service company, agreed to acquire Herb Chambers, a car dealership, for $1.34bn. “We’re excited to bring Asbury and the Herb Chambers team together. Herb is an icon in Boston, and he has built a world class organization, with a strong reputation for serving his guests and being highly engaged in the communities. HCC is a respected brand with a rich history and reputation for having a customer and team member-focused culture, aligning directly with Asbury’s North Star to become the most guest-centric automotive retailer,” David Hult, Asbury President and CEO.