Hints and tips:
...US group Lithia, which already has 50 UK sites, will buy the showrooms, Pendragon said on Monday....
...A third bid from US group Lithia proposes to break up Pendragon. The UK car dealer last week agreed to sell its dealerships to Lithia for £280mn to focus on its software arm....
...Lithia Motors, a car retailer with a market cap of $500m, used the Liquidnet platform to start a share buy back programme in July....
...The analysts started coverage on AutoNation and Lithia Motors with an “outperform” rating. Shares in AutoNation nudged down 0.2 per cent to $28.02 but Lithia Motors fell 0.3 per cent to $14.12....
...To wit, FMF’s latest missive to Wall Street — a letter that’s likely to rile even the most capitalist (or should that be socialist?) of US taxpayers....
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