Announced
Completed
Synopsis
AutoNation, a Fortune 500 company that operates as an automotive retailer, completed the acquisition of Jerry’s Toyota, a well-established dealership, offering a wide selection of new and used Toyota vehicles. Financial terms were not disclosed. The transaction represents a significant multi-generational succession planning milestone for James Stautberg, president of Jerry’s Toyota, and his family, and reinforces AutoNation’s continued expansion in the mid-Atlantic region.
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