Buy-sells drop off, but outlook is positive
Date published: June 22, 2020
The coronavirus pandemic halted most dealership acquisition deals in late March as it became the biggest shock to the buy-sell market since the Great Recession, experts say."You might not see a pickup in closings until the first quarter of 2021, but we believe deal activity will be back at pre-COVID levels by the end of 2020," Kerrigan said.
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