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05.03.26 - 23:12
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Where Lithia Motors Stands With Analysts (Benzinga)
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Latest Ratings for LAD
DateFirmActionFromTo Mar 2022Morgan StanleyMaintainsUnderweight Jan 2022Wells FargoInitiates Coverage OnOverweight Nov 2021Morgan StanleyMaintainsUnderweight
View More Analyst Ratings for LAD
View the Latest Analyst Ratings
Importance Rank:
1
read more...
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03.03.26 - 12:51
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The Presidio Group Exclusively Advised Lancaster County Motors on the Sale of Mercedes-Benz of Medford to Lithia Motors (Business Wire)
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The Medford sale represents the 22nd Mercedes-Benz dealership sold in Presidio-advised transactionsMEDFORD, Ore.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Lancaster County Motors (“Lancaster”) on the sale of Mercedes-Benz of Medford in Medford, Ore., to Lithia Motors Inc. (“Lithia”).
The transaction, which included related real estate, closed Feb. 23. Mercedes-Benz of Medford was Lancaster's only dealership outside Pennsylvania. The dealership is located just a few miles from Lithia's global headquarters, also in Medford.
For Presidio, the sale of the Medford store marks the 22nd Mercedes-Benz dealership that has changed hands in transactions in which the firm served as an advisor.
Lancaster's decision to sell Mercedes-Benz of Medford put the dealership in the hands of a buyer deeply rooted in the l...
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