Graham Holdings (GHC) Acquires Toyota Dealership
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Price: $1,126.04 +2.56%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +4.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +4.7%
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Graham Holdings Company (NYSE: GHC) announced today that Graham Ourisman Automotive has acquired a Toyota dealership in Henrico, VA from McGeorge Toyota. The purchase price was not disclosed.
Christopher J. Ourisman, a member of the Ourisman Automotive Group family of dealerships, and his team of industry professionals will operate and manage the dealership. Graham Holdings Company holds a 90% stake.
The Company is also pleased to announce that Graham Ourisman Automotive has been awarded a KIA Open Point dealership in Bethesda, MD with plans to commence operations by the end of the year.
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