GPB Capital sells Prime Automotive Group for $880 million

• GPB has denied the claims, while a federal judge put an outside forensic accountant in charge of making final calls on GPB business decisions.

The bottom line: "The value of the average dealership in the U.S. ranged from $20 million to $25 million in June, including real estate, or about 33% more than at the end of 2019. Industry consulting firm Kerrigan Advisors recently estimated there were 289 dealership acquisitions last year, with the count rising 27% this year through the first half," the Wall Street Journal's Ted Bunker writes.