Asbury Automotive Group Inc

ABG: XNYS (USA)
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Asbury Earnings: Tekion Switchover and Debt Reduction on Track

Asbury Automotive's fourth-quarter earnings showed that debt reduction following the Herb Chambers acquisition is ahead of management's timeline, and the Tekion dealer management conversion is now at over 25% of all stores, with 23 more stores converted since the third quarter.

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