Auto Dealerships M&A » By The Online Investor Staff, updated Wed., May. 1, 6:01 PM
Recent mergers and acquisitions in the Auto Dealerships M&A category.
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Slide #32. AutoZone, Inc. — AutoAnything
Acquirer:
AutoZone, Inc. (NYSE:AZO)
Acquiree:
AutoAnything
Details:
AutoZone announces this morning that it has entered into a definitive agreement to purchase the assets and select liabilities of AutoAnything, an online retailer of specialized automotive products.
AutoZone is a retailer and distributor of automotive replacement parts and accessories in the Americas. Co. operates stores in the U.S., Mexico and Brazil. Each store carries a product line for cars, sport utility vehicles, vans and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. In its domestic stores, Co. has a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations, fleet owners and other accounts. Co. also provides product information on its Duralast branded products.
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Avg. Broker Rec.
 
|
Strong Buy (3.60 out of 4) 63rd percentile
(ranked higher than approx. 63% of all stocks covered)
Analysts' Target Price: AZO Stock Forecast Based on Zacks ABR data; powered by Xignite |
