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Group 1 Automotive Inc V.GPI


Primary Symbol: GPI

Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services and sells vehicle parts. The Company owns and operates about 260 automotive dealerships, 338 franchises, and 44 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide and wholesale its used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.


NYSE:GPI - Post by User

Post by requiemeternaon Apr 05, 2011 8:48am
335 Views
Post# 18385777

RE: NEWS

RE: NEWS Not what i was hoping for.                          " Great Pacific International Inc. ("GPI") (TSX.V: GPI) is pleased to announce that it has agreed to participate in a second well in Wildmere. Drilling of the first well has been completed and GPI will provide updates regarding perforation and subsequent tests as they are received. The operator, AMCO, spudded the second well on February 8, 2011. The target depth of the well is approximately 2,100 feet. GPI will have earned a 70% working interest upon completion of the well and payment of 100% of the costs."
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