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Group 1 Automotive News

News on Group 1 Automotive (Ticker: GPI) continually updated from thousands of sources around the net.

Yesterday | AmericanBankingNews.com

Group 1 Automotive Receives Underweight Rating from Morgan Stanley

's stock had its "underweight" rating reaffirmed by stock analysts at Morgan Stanley in a report issued on Monday. They currently have a $66.00 price objective on the stock, up from their previous price objective of $61.00.

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Related Topix: Auto Dealers, Retail, Group 1 Automotive, Stanley

Yesterday | Sys-Con Media

Group 1 Automotive Disposes of Two Dealerships on Long Island, NY

The Company, in addition to the dealerships, also disposed of owned real estate associated with both dealerships. In total, the dealerships generated approximately in trailing-twelve-month revenues.

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Related Topix: Auto Dealers, Retail, Group 1 Automotive, South America, World News, Brazil

Sun Sep 14, 2014

Automotive News

Wall Street sees value in Group 1, Lithia acquisitions

In the dealership acquisition market, reward follows risk. The two most active acquirers among public dealership groups -- Group 1 Automotive and Lithia Motors -- are also the winners when it comes to rising valuations, according to a report released last week by dealership buy-sell adviser Erin Kerrigan.

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Related Topix: Auto Dealers, Retail, Irvine, CA

Fri Sep 12, 2014

Hispanic Business

United States : Simpson Thacher Represents Initial Purchasers in the...

United States : Simpson Thacher Represents Initial Purchasers in the Sale of $200 Million Senior Notes Due 2022 by Group 1 Automotive, Inc. . The notes are guaranteed on an unsecured senior basis by each of the Company s existing and future domestic restricted subsidiaries that are guarantors or borrowers under the Company s Revolving Credit Facility, which includes substantially all of the Company s existing domestic subsidiaries.

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Related Topix: Auto Dealers, Retail

Thu Sep 11, 2014

AmericanBankingNews.com

Insider Selling: Darryl M. Burman Sells 4,000 Shares of Group 1 Automotive Stock

Group 1 Automotive VP Darryl M. Burman sold 4,000 shares of the company's stock on the open market in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $76.48, for a total transaction of $305,920.00.

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Related Topix: Auto Dealers, Retail

Hispanic Business

Group 1 Automotive Announces Pricing of $200 Million Offering of Senior Notes

The offering is expected to close on , subject to customary closing conditions. The Company intends to use the net proceeds from the offering to repay borrowings outstanding under the acquisition line of its revolving credit facility and to make a contribution to its floorplan offset account, which is the amount of excess cash that is used to pay down the floorplan line of its revolving credit facility but can be immediately redrawn.

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Related Topix: Auto Dealers, Retail, Group 1 Automotive, Corporate / Securities Law, Law

Tue Sep 02, 2014

WJRT

Group 1 Automotive Announces Conversion of 2.25% Convertible Senior Notes due 2036

Information contained on this page is provided by an independent third-party content provider.

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Related Topix: Auto Dealers, Retail, Group 1 Automotive

Thu Aug 28, 2014

WJRT

Group 1 Automotive to Present at the Goldman Sachs Conference in New York

Information contained on this page is provided by an independent third-party content provider.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Cohen Group, Consulting, Auto Dealers, Retail, Group 1 Automotive

Tue Aug 19, 2014

WJRT

Group 1 Automotive Acquires Mercedes-Benz Dealership Near San Antonio, TX

Information contained on this page is provided by an independent third-party content provider.

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Related Topix: Auto Dealers, Retail, Group 1 Automotive

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