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AutoNation completes acquisition of Priority 1 Automotive, adds 9 stores in Maryland

The deal is the second big acquisition completed so far this year for the nation’s largest new-vehicle retailer.

AutoNation Inc. on Monday closed on the purchase of nine Maryland dealerships from Priority 1 Automotive Group in a deal the auto retail giant announced last month.

Lou Cohen, president of Priority 1 Automotive of Towson, Md., confirmed the closing to Automotive News.

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