Auto Dealers Surge as Warren Buffett Enters the Fray
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AutoNation (AN) on Watch as Buffett's Berkshire Gets Into Auto Dealership Business
October 2, 2014 8:06 AM EDTAutoNation (NYSE: AN) is on watch amid news Berkshire Hathaway (NYSE: BRK-a) (NYSE: BRK-b) is acquiring auto dealership company Van Tuyl Group.
When the CEO of Van Tuyl Group was asked if this is a direct competitor AutoNation of he said, "it is."
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