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The company inked a deal to acquire The Herb Chambers Companiesin a $1.34 billion deal.The transaction covers Herb Chambers’ 33 dealerships, 52 franchises, and three collision centers,representing$2.9 billion in2024 revenue.The transaction, expected to close in the late second quarter of 2025, is subject to customary conditions and will be funded through credit facilities, mortgage proceeds, and cash.Herb Chambers, principal of the Herb Chambers Companies, has agreed to assume the post of Special Advisor to Asbury and will retain ownership of Mercedes-Benz of Boston in Somerville, Massachusetts.David Hult, Asbury’s President &CEO,said, “HCC is a respected brand with a rich history and reputation for having a customer and team member-focused culture, aligning directly with Asbury’s North Star to become the most guest-centric automotive retailer.”Last month, Asbury Automotive reported fourth-quarter revenue of $4.5 billion,","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/asbury-automotive-accelerates-expansion-1-173029642.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ABG","IE00B64QTZ34.USD","BK4214","BK4550","PSCD","BK4585","LU1430594728.SGD","LU1585245621.USD","BK4588","FDN"],"gpt_icon":0},{"id":"2490705085","title":"Six Flags-Cedar Fair Merger Unlocks $200 Million In Synergies, Analyst Sees Big Growth Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=2490705085","media":"Benzinga","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490705085?lang=en_us&edition=fundamental","pubTime":"2024-12-10 01:46","pubTimestamp":1733766401,"startTime":"0","endTime":"0","summary":"Jefferies analyst DavidKatz initiated coverage on Six Flags Entertainment Corporation  with a Buy rating and a price target of $59.00.The analyst writes that the merger of Six Flags and Cedar Fair offers a strong long-term opportunity, with Cedar Fair’s management positioned to unlock significant earnings potential.Notably, on July 1, legacy Cedar Fair and legacy Six Flags closed the merger transactions to form the newcombined company Six Flags Entertainment Corporation.Katz projects a smooth integration between both companies, as their parks have minimal geographic overlap.The analyst expects Cedar Fair’s management to unlock the value of Six Flags’ assets and achieve at least $200 million in synergies  by the end of 2026.The analyst considers the guidance of <3.5x by the end of 2027 to be conservative and notes Six Flags could reach this target by the end of 2026.Katz forecasts modest EBITDA growth in FY25E and FY26E, with over $1.5 billion in free cash flow generated from fourth-qua","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/O3u5dnbyW44oY_nYg6aXFA--~B/aD01NzY7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/b759a487b3581afc93ea041ee581a03b","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/O3u5dnbyW44oY_nYg6aXFA--~B/aD01NzY7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/b759a487b3581afc93ea041ee581a03b"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/six-flags-cedar-fair-merger-174641886.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4080","CDR","BK4590","FUN","PSCD","BK4216"],"gpt_icon":0},{"id":"2490709143","title":"5 ETFs for Smart Holiday Season Investing","url":"https://stock-news.laohu8.com/highlight/detail?id=2490709143","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490709143?lang=en_us&edition=fundamental","pubTime":"2024-12-10 00:00","pubTimestamp":1733760000,"startTime":"0","endTime":"0","summary":"The holiday season started on a strong note with online and in-store shopping surging on early sales promotions from retailers. The skyrocketing stock market backed by the Trump bump, Fed rate cuts and AI boom has laid a strong foundation for the festive period amid difficult weather trends and a shorter holiday calendar.Consumer confidence is also rising. U.S. consumer sentiment grew to the highest level since April and represented the fifth consecutive monthly gain. The preliminary sentiment index climbed to 74 in December from 71.8 in November, according to the University of Michigan. 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