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To: aps who wrote (20860)12/2/1998 3:48:00 PM
From: MoneyMade  Respond to of 119973
 
CNGR! Good for a pt. or 2 NEWS Crown Group to buy Car-Mart for $41 mln

DALLAS,, Dec 2 (Reuters) - Crown Group Inc., a buy-out firm
acquiring small-cap companies, on Tuesday said it has entered into an agreement to buy America's
Car-Mart Inc., a used car dealer, for $41 million

Car-Mart has annual revenues of about $52 million and underwrites, finances and services retail
installment contracts generated by its 30 dealerships throughout Arkansas, Oklahoma, Texas and
Missouri, the company said.

Crown Group said it expects the deal to increase earnings per share by about $0.40 in the 12
months following the acquisition.

The company expects the deal to close in Januar