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- ABKO_Properties abstract "ABKO Properties was a joint venture between Wichita, Kansas real estate entrepreneur George Ablah and Wichita-based Koch Industries formed specifically to purchase Chrysler Realty Corporation in the late 1970s from a hard-pressed Lee Iacocca.Koch Industries is ranked 2 among the Forbes list of largest private companies. Chrysler Realty Corporation purchases, leases or options dealership facilities and then leases or subleases these facilities to Chrysler dealers. The name ABKO was derived from the first two letters of Ablah’s name and the first two letters of Charles Koch’s name, who is head of Koch Industries. At the time ABKO was formed, Chrysler was on the verge of bankruptcy.ABKO purchased around 840 Chrysler automotive dealership sites around the country controlled by Iacocca in 1979 for slightly over $100 million in cash. Not all the sites were owned by Chrysler Realty.Under the leadership of Ablah and his team, Chrysler Realty president Ed Homer (for a brief time), executive vice president Corliss (Corky) Nelson of Koch, acquisition/disposition specialists Wayne Delfino and Frank Mills, and attorney John Schippel, among others, ABKO set forth a strategy to diversify Chrysler Realty Corporation by way of liquidating non-performing Chrysler dealership properties by tax-free exchange and sale.In 1983, Iacocca, assisted by a government bailout he organized, repurchased 446 of the dealerships in a measure aimed at strengthening the Chrysler dealer network. ABKO dissolved shortly thereafter.".
- ABKO_Properties wikiPageID "15315268".
- ABKO_Properties wikiPageLength "2076".
- ABKO_Properties wikiPageOutDegree "11".
- ABKO_Properties wikiPageRevisionID "635977015".
- ABKO_Properties wikiPageWikiLink Car_dealerships_in_North_America.
- ABKO_Properties wikiPageWikiLink Car_dealerships_in_the_USA.
- ABKO_Properties wikiPageWikiLink Category:Auto_dealerships_of_the_United_States.
- ABKO_Properties wikiPageWikiLink Category:Chrysler.
- ABKO_Properties wikiPageWikiLink Category:Joint_ventures.
- ABKO_Properties wikiPageWikiLink Category:Koch_Industries.
- ABKO_Properties wikiPageWikiLink Category:Real_estate_companies_of_the_United_States.
- ABKO_Properties wikiPageWikiLink Joint_venture.
- ABKO_Properties wikiPageWikiLink Koch_Industries.
- ABKO_Properties wikiPageWikiLink Lee_Iacocca.
- ABKO_Properties wikiPageWikiLink Real_estate.
- ABKO_Properties wikiPageWikiLink Wichita,_Kansas.
- ABKO_Properties hasPhotoCollection ABKO_Properties.
- ABKO_Properties wikiPageUsesTemplate Template:Koch_Industries.
- ABKO_Properties wikiPageUsesTemplate Template:Refimprove.
- ABKO_Properties wikiPageUsesTemplate Template:Reflist.
- ABKO_Properties subject Category:Auto_dealerships_of_the_United_States.
- ABKO_Properties subject Category:Chrysler.
- ABKO_Properties subject Category:Joint_ventures.
- ABKO_Properties subject Category:Koch_Industries.
- ABKO_Properties subject Category:Real_estate_companies_of_the_United_States.
- ABKO_Properties hypernym Venture.
- ABKO_Properties type Article.
- ABKO_Properties type Company.
- ABKO_Properties type Article.
- ABKO_Properties type Company.
- ABKO_Properties type Venture.
- ABKO_Properties comment "ABKO Properties was a joint venture between Wichita, Kansas real estate entrepreneur George Ablah and Wichita-based Koch Industries formed specifically to purchase Chrysler Realty Corporation in the late 1970s from a hard-pressed Lee Iacocca.Koch Industries is ranked 2 among the Forbes list of largest private companies. Chrysler Realty Corporation purchases, leases or options dealership facilities and then leases or subleases these facilities to Chrysler dealers.".
- ABKO_Properties label "ABKO Properties".
- ABKO_Properties sameAs m.03m4n6x.
- ABKO_Properties sameAs Q4650324.
- ABKO_Properties sameAs Q4650324.
- ABKO_Properties wasDerivedFrom ABKO_Properties?oldid=635977015.
- ABKO_Properties isPrimaryTopicOf ABKO_Properties.