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Baron Funds Comments on LKQ Corp.
Posted by: Holly LaFon (IP Logged)
Date: February 6, 2013 11:34AM
LKQ Corp. (LKQ), the country's largest distributor of alternative vehicle parts, rose 14.2% in the quarter. Alternative parts continue to gain market share from original equipment manufacturers in both North America and the UK, while LKQ is growing faster than competitors due to its national distribution footprint. (Michael Baron)
From Baron Funds' fourth quarter letter.
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