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Lithia & Driveway (LAD) Continues Strategic Network Expansion in Texas with Rockwall Hyundai Acquisition and Provides Share Repurchase Update
Source: globenewswire.com
M&A & RestructuringAutomotive & EVCompany Fundamentals
Lithia & Driveway acquired Rockwall Hyundai in Rockwall, Texas, advancing its strategic dealership-network expansion. The acquired dealership is expected to contribute approximately $75 million in annualized revenue, a modest positive addition to Lithia's scale and regional presence.
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