Asbury on Park Place termination: It was the right thing to do

Asbury couldn’t put off the purchase because of an April 30 deadline attached to the financing the retailer arranged for the transaction. Once the coronavirus outbreak halted auto sales and shuttered stores across the country, executives knew the deal wouldn’t survive.

source https://www.autonews.com/dealers/asbury-park-place-termination-it-was-right-thing-do