Graham Holdings Acquires New Dealerships In Virginia


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  • Graham Holdings Co (NYSE:GHChas acquired a Toyota Motor Corp (NYSE:TM) dealership and a Chrysler-Dodge-Jeep-Ram dealership in Woodbridge, Virginia, from the Lustine Automotive Group. The financial details were not disclosed.
  • Graham Holdings holds a 90% stake. Christopher J. Ourisman, a member of the Ourisman Automotive Group family of dealerships, and his team will operate and manage the dealerships. 
  • The company also owns four other automotive dealerships.
  • GHC held $975.7 million in cash and equivalents as of March 31, 2022.
  • Price Action: GHC shares are trading lower by 1.72% at $559.83 on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: M&ANewsPenny StocksSmall CapGeneralBriefs