Pep Boys In The Junkyard After Buyout Deal Cancelled
- Thursday, May 31, 2012, 2:18
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Pep Boys Manny, Moe & Jack shares crashed this morning after investors learned that private-equity shop Gores Groups will walk away from the $791 million deal to buy the auto-parts retailer. Gores cited serious problems with Pep Boys’ business.
http://www.forbes.com/sites/abrambrown/2012/05/30/pep-boys-sent-to-the-scrap-yard-shares-plunge-after-buyout-deal-cancelled/
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