Herb Chambers Companies, employer of 2,200 in MA and RI, to be purchased for $1.34 billion

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http://whdh.com/news/herb-chambers-companies-to-be-purchased-for-1-34-billion

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BOSTON (WHDH) - Asbury Automotive Group, a Fortune 500 Company based in Duluth, Georgia, announced they had signed an agreement to acquire The Herb Chambers Company for $1.34 billion. Herb Chambers Company is a leading car retailer in New England, and one of the largest auto dealership groups in the country. The company’s 33 dealerships, 52 franchises, and three collision centers generated $2.9 billion in revenue in 2024. “As I look back on the last 40 years in business, I do so with immense pride, and as I look forward,...