CENTRAL PARKING CORPORATION ANNOUNCES THE PURCHASE OF CAR PARK.NASHVILLE, Tenn.--(BUSINESS WIRE)--May 30, 1997--Central Parking Corporation (NYSE NYSE See: New York Stock Exchange :PK) today announced it has acquired the assets and related leases of Car Park Corporation. Car Park Corporation, located in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] , has 18 locations and a total of 2,595 spaces. Monroe J.Carell, Jr., Chairman and Chief Executive Officer of Central Parking Corporation, remarked, "This purchase expands our operations in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern . It is consistent with our strategy to acquire other parking operators and consolidate a highly fragmented industry." Central Parking Corporation, headquartered in Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. , is a leading provider of parking services in the United States. The Company operates more than 1,500 parking facilities containing over 662,000 spaces at locations in 34 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Canada, Puerto Rico, the United Kingdom, Mexico, Germany and Malaysia. The Company provides parking consulting services in Spain and has a business development office in Amsterdam. CONTACT: Central Parking Corporation, Nashville Stephen Tisdell, 615/297-4255 X265 stisdell@parking.com |
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