AutoCanada

12:19 PM EST - AutoCanada : Has entered into a definitive agreement to purchase Grossinger Auto Group, a successful family business that has been retailing new and used vehicles in Illinois for 90 years. Grossinger generated revenue of $401 million U.S. ($513 million Canadian) in 2017 from dealerships representing 11 different manufacturers. The acquisition includes eight metro dealerships in Chicagoland, selling and servicing five different brands. AutoCanada shares T.ACQ are trading up $0.54 at $22.03.