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CRMT - America's Car-Mart to acquire Smart Auto dealerships
America's Car-Mart Inc.
America’s Car-Mart (NASDAQ:CRMT) subsidiary has entered into a definitive agreement to purchase the ongoing dealership assets of Smart Auto, Smart Auto Johnson City, and Bright Motors Company. With this acquisition, Car-Mart will gain dealership locations in Johnson City, Tennessee and Knoxville, Tennessee The company expects to close on the Johnson City location by the end of 2021 and the Knoxville location by December 31, 2022. Earlier, America's Car-Mart EPS beats by $0.13, beats on revenue