GPB sells top auto-dealership asset for $880 million
The deal looks like a positive development for confused and cash-starved investors and financial advisers who sold the private placements.
After months of speculation, troubled private investment manager GPB Capital Holdings said on Tuesday it was selling a top auto-dealership group for $880 million in cash.
Specifically, GPB Automotive Portfolio, the private partnership with thousands of retail investors, said it was selling the a
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