The past few years have seen dramatic shifts for mergers and acquisitions involving automotive dealerships. It has been estimated that approximately 3% of dealerships undergo a change of ownership in an average year...more
6/9/2023
/ Acquisitions ,
Automotive Industry ,
Blue Sky Laws ,
Buyers ,
Car Dealerships ,
Coronavirus/COVID-19 ,
Due Diligence ,
Estate Planning ,
Mergers ,
OEM ,
Purchase Price ,
Right of First Refusal ,
Stocks
The Main Street Lending Program, intended to provide credit support to small and medium sized businesses, became operational on July 6, 2020.It includes many borrower-favorable economic terms, including a 5-year term, a low...more
The $600 billion Main Street Loan program has been highly anticipated to provide financial support in the form of loans to small and medium-sized U.S. businesses affected by the COVID-19 pandemic. The Federal Reserve Bank of...more