NasdaqGS:IEPIndustrials
Icahn Enterprises (IEP) Sells Pep Boys To Mavis In $700 Million Deal
Mavis Tire Express agreed to acquire Pep Boys service operations from Icahn Enterprises (NasdaqGS:IEP) for about US$700 million in cash.
The deal includes Pep Boys automotive service centers, while Icahn Enterprises keeps related real estate and certain other automotive assets.
The transaction is structured as a definitive agreement and is subject to customary closing conditions.
Icahn Enterprises is a diversified holding company with exposure to energy, automotive, real estate and other...