Auto Dealerships M&A » By The Online Investor Staff, updated Fri., Apr. 26, 5:38 PM
Recent mergers and acquisitions in the Auto Dealerships M&A category.
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Slide #30. O'Reilly Automotive, Inc. — VIP Parts, Tires & Service
Acquirer:
O'Reilly Automotive, Inc. (NASDAQ:ORLY)
Acquiree:
VIP Parts, Tires & Service
Details:
O'Reilly Automotive, Inc., a leading retailer in the automotive aftermarket industry, today announced that it has entered into a definitive agreement to purchase the auto parts related assets of VIP Parts, Tires & Service. The asset purchase is expected to be completed on or about December 31, 2012.
O'Reilly Automotive is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories, selling its products to both do-it-yourself and service provider customers. Co.'s stores carry a product line, including: new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting, oil and wiper blades; and accessories, such as floor mats, seat covers and truck accessories.
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Avg. Broker Rec.
 
|
Buy (3.32 out of 4) 46th percentile
(ranked lower than approx. 54% of all stocks covered)
Analysts' Target Price: ORLY Stock Forecast Based on Zacks ABR data; powered by Xignite |
