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Asbury Automotive turns 5 on the NYSE: it was the best of times, it was the worst of times Yesterday, Asbury Automotive celebrated its 5 year anniversary as a publicly traded company. To go public simply means anyone that wants can buy a piece of ownership in the company (you, me, even my kid niece or nephews.) To celebrate, management hosted an analyst day where they provided “An Insider’s View of Automotive Retailing.” Meaning they had real people from the field/regions (not just senior management) talk about a number of the initiatives, processes, and ultimately try to show investors the Asbury culture. But b
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