Lithia closes $482M Pendragon deal after U.K. regulators give OK

Lithia closes $482M Pendragon deal after U.K. regulators give OK

Lithia closed on its nearly $500 million purchase of car dealership group Pendragon, a deal which largely completes Lithia’s expansion into the U.K. and also puts the U.S. group in the dealership management system business.

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