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28.10.26 - 15:06
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Kerrigan Advisors Represents Atlanta-Based Hennessy Automobile Companies in Sale – 3rd Largest Transaction in Industry History (Business Wire)
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Kerrigan Advisors led the sale of the 62-year-old leading Atlanta luxury dealership group, including 10 dealerships representing Lexus, Porsche and Jaguar Land Rover, to Group 1 Automotive, cementing the firm's position as the most active buy/sell advisor on high-value dealership transactions.ATLANTA--(BUSINESS WIRE)--#AtlantaCarDealer--Kerrigan Advisors, the leading sell-side advisor to auto dealers nationwide, is pleased to announce the sale of its client, Hennessy Automobile Companies, one of the largest family-owned luxury automotive groups in Atlanta, Georgia, to Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 250 automotive retailer with 250+ dealerships in the U.S. and U.K. Group 1 acquired Hennessy's 10 dealerships, comprising Lexus (2), Porsche (2), Jaguar Land Rover (3), Honda, Cadillac, Ford and Lincoln, in a transaction estimated to be the third-largest in auto retail history based on blue sky value.Per Group 1's public filings, the transaction closed on October 19, 2026, and is valued at a...
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28.10.26 - 02:54
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When Money Becomes Everything (ZeroHedge)
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When Money Becomes Everything
Authored by George Ford Smith via Mises Institute,In the 1964 film The Pawnbroker, Rod Steiger plays Sol Nazerman, a Holocaust survivor who operates a pawnshop in Harlem. In one memorable scene, his young assistant asks him what he believes in. "Money," he answers. Money has extraordinary powers. It can buy comfort, luxury, relief from pain, sometimes even life itself. Then he adds, his anger driving him:Now you listen to me and listen very carefully. Next to the speed of light which Einstein says is the only absolute in the universe, second only to that I rank money.Believe me, that's all you need to know."Is it everything?" "Money is the whole thing," Nazerman tells him.Nazerman had suffered horrors that have left him emotionally damaged. Money became the center of his life, something he could cling to in a world overtaken by wanton malevolence.Of course, Nazerman was wrong, there's more to life than money. We tell ourselves that while knowing everything has a...
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27.10.26 - 12:06
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Kerrigan Advisors Represents Gossett Motor Cars on the Sale of Four Kia and Hyundai Dealerships in Memphis, Tennessee to Lithia Motors (Business Wire)
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Transaction represents Kerrigan Advisors' 32nd franchise sold in the South in the last four months, leading the industryMEMPHIS, Tenn.--(BUSINESS WIRE)--#AutoRetail--Kerrigan Advisors is pleased to represent Gossett Motor Cars, the largest privately owned dealership group in Memphis, in the sale of four Kia and Hyundai dealerships to Lithia Motors (NYSE: LAD). The transaction, which included Gossett Kia, Gossett Hyundai, Gossett Kia South and Gossett Hyundai South, marks Kerrigan Advisors' 474th franchise sold since the firm's founding in 2014, and its 156th franchise sold in the South, leading the industry in that region. Notably, this transaction follows several recent transactions by the firm, including Hennessy Automobile Companies and Toyota of Newnan in Atlanta, Georgia, Tommie Vaughn Ford in Houston, Texas, Honda in Fort Lauderdale, Florida, Paramount Automotive's Foreign Cars Italia platform in Charlotte and Greensboro, North Carolina and Fields Mazda and Chrysler Dodge Jeep Ram in Asheville, ...
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