SBD / 29 / HUIZENGA AGREES THAT IT'S ELWAY OR THE HIGHWAY FOR AUTO DEAL

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HUIZENGA AGREES THAT IT'S ELWAY OR THE HIGHWAY FOR AUTO DEAL

Published October 29, 1997

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          Republic Industries Chair Wayne Huizenga has agreed to
     pay $82.5M for John Elway's six Denver-area car dealerships,
     according to Richard Williamson of the ROCKY MOUNTAIN NEWS. 
     Elway "received Republic stock and agreed to work for the
     world's largest auto retailer for five years."  Elway's
     partner, Rod Buscher, "declined Republic's offer to remain
     as president of the chain."  Republic spokesperson Jim
     Donahue "declined comment on whether Elway's name would be
     added to any other dealerships" (ROCKY MTN NEWS, 10/29).
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