Asbury Automotive Group Inc (NYSE:ABG)
$ 229.76 1.11 (0.49%) Market Cap: 4.63 Bil Enterprise Value: 9.70 Bil PE Ratio: 8.37 PB Ratio: 1.38 GF Score: 94/100
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Asbury Automotive Group Inc to Acquire Park Place Dealerships - Conference Call Transcript

Jul 07, 2020 / 01:00PM GMT
Release Date Price: $85.73 (+9.34%)
Operator

Good morning, everyone. Welcome to Asbury Automotive Group's Investor Update Call. Today's call is being recorded and will be available for replay later today. The press release announcing Asbury's proposed acquisition of Park Place Dealerships was issued yesterday evening and is posted on our website at asburyauto.com. Participating with us today are David Hult, President and Chief Executive Officer; and Patrick Guido, Senior Vice President and Chief Financial Officer.

At the conclusion of the company's remarks, we will open the call for questions. Before we begin, the company would like to remind you that the discussion during the call today is likely to contain forward-looking statements. Forward-looking statements are statements other than those which are historical in nature. All forward-looking statements are subject to significant uncertainties, and actual results may differ materially from those suggested by the statements. For information regarding certain of the risks that may cause actual results to differ, please see the company's filings with the SEC from time to time, including their

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