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Bridgestone to buy Pep Boys

2015-10-26 15:23:55| Auto Parts - Topix.net

Bridgestone Americas Inc. has agreed to buy Philadelphia-based tire retailer/auto service provider Pep Boys Manny, Moe & Jack for approximately $835 million. Bridgestone is offering $15 a share for Pep Boys, which the tire maker said is a premium of 23 percent premium over Pep Boys' closing price of $12.15 on Oct. 23 and 62 percent over Pep Boys' unaffected price of $9.25 on May 19. "Bridgestone and Pep Boys are two leading companies that share a proud heritage in the American automotive services industry," said Gary Garfield, CEO and president of Bridgestone Americas.

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Bridgestone to buy U.S. auto parts retailer Pep Boys for $835 mln

2015-10-26 14:19:40| Auto Parts - Topix.net

Oct 26 Japanese tire maker Bridgestone Corp said it would buy U.S. auto parts retailer Pep Boys - Manny, Moe & Jack for $835 million in cash. The $15-per-share deal represents a premium of 23.5 percent to Pep Boys' Friday close of $12.15.

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Pep Boys-Manny Moe and Jack Reaches New 1-Year High at $12.90

2015-10-12 21:30:41| Auto Parts - Topix.net

Pep Boys-Manny Moe and Jack 's share price hit a new 52-week high during trading on Monday , AnalystRatingsNetwork.com reports. The stock traded as high as $12.90 and last traded at $12.82, with a volume of 108,362 shares trading hands.

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Pep Boys-Manny Moe and Jack Reaches New 52-Week High at $12.79

2015-10-05 22:17:21| Auto Parts - Topix.net

Pep Boys-Manny Moe and Jack reached a new 52-week high during trading on Monday , AnalystRatings.NET reports. The company traded as high as $12.79 and last traded at $12.78, with a volume of 166,151 shares trading hands.

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Analysts Expect Pep Boys-Manny Moe and Jack to Post $0.07 EPS

2015-09-29 16:41:20| Auto Parts - Topix.net

Shares of Pep Boys-Manny Moe and Jack have been given a consensus broker rating score of 2.20 from the five analysts that cover the stock, Zacks Investment Research reports. Three analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

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