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General Motors Approves First-Time Dealers to Buy Sullivan Chevrolet GMC

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Sig1.90Sen+1.20Env0.00Soc+0.60Gov+0.20

Alex Feldman and Michael Gitlevich sought GM approval to acquire the former Sullivan Chevrolet GMC franchise, despite having little prior dealership management experience. The store’s general manager had been arrested for theft and forgery and later convicted and sentenced to six years in jail. Wild suggested their bid after earlier acquisition attempts had been rejected by GM.

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