Exclusive | Icahn to Sell Auto-Service Chain Pep Boys to Mavis for $700 Million
Icahn Enterprises is selling the Pep Boys auto-service chain to Mavis for $700 million.
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The brief
Icahn Enterprises is set to sell the auto-service chain Pep Boys to Mavis. The transaction is valued at $700 million.
Coverage from The Wall Street Journal, Investing.com, GuruFocus, and Seeking Alpha emphasizes that the acquisition will allow Mavis Tire to expand its market presence. The deal involves Icahn Enterprises, which is listed on the NASDAQ under the ticker IEP.
Future developments depend on the finalization of the $700 million deal and the subsequent integration of Pep Boys into Mavis's operations.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 6h ago.
Quick answers
Who is selling Pep Boys?
Icahn Enterprises is selling the company.
What is the purchase price of the deal?
The sale price is $700 million.
Who is the buyer in this transaction?
Mavis is purchasing the auto-service chain.
Coverage (5)
- Mavis Tire to Expand Its Presence by Buying Pep Boys WSJ · 13h ago
- Icahn Enterprises to sell Pep Boys to Mavis for $700 million- WSJ Investing.com · 13h ago
- Icahn Enterprises (IEP) to Sell Pep Boys for $700 Million to Mav GuruFocus · 13h ago
- Icahn Enterprises to sell Pep Boys to Mavis in $700M deal: WSJ (IEP:NASDAQ) Seeking Alpha · 13h ago
- Exclusive | Icahn to Sell Auto-Service Chain Pep Boys to Mavis for $700 Million WSJ · 13h ago
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