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Tribune News Service
Tribune News Service
Business
David Lyons

Fix your car at home? AutoNation acquisition will do it

The nation’s largest car dealer, AutoNation of Fort Lauderdale, took another step on Monday to keep repeat business flowing by acquiring a national repair firm that will fix your car at home.

The firm announced it has agreed to pay $190 million to buy RepairSmith, which is based in Los Angeles and operates more than 100 outlets in Florida.

The buyout is expected to close in the first quarter of 2023 and is subject to regulatory approvals.

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