Midas Recognizes Franchisees Of The Year
To underscore their commitment to Midas’ core values, as well as sales growth, community involvement, business engagement and loyalty to the brand, the company launched a Midas Franchisee of the Year Award program.
Midas Celebrates 60 Years
Sixty years ago this spring, an army of ambitious entrepreneurs and innovators banded together to form a new idea: Midas.
Midas To Increase Focus On Tires
This fall, Midas will focus on the tires-service message and will be offering consumers special offers throughout November.
Midas Helps To ‘Drive Out Hunger’ This Holiday Season
PALM BEACH GARDENS, Fla. – When you hear the name “Midas,” you likely think of brakes, mufflers, tires, oil changes and engine work. Starting this winter, however, the 58-year-old car-care company known for its “Midas Touch” and complete car care, also is gaining a reputation for community care. Visit Midas’ Facebook page between now and
TBC Selects Leaders for Midas Franchise Operations
The company appointed Midas veteran Mike Gould to head Midas’ North American franchise organization.
TBC Purchases All Remaining Outstanding Shares of Midas Common Stock
TBC’s plan to acquire Midas in a $310 million deal was first announced in mid-March.
Law Firms Launch Investigations of TBC-Midas Deal
The investigations center on whether Midas shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Midas stock, and whether Midas’ board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.
TBC Corp. to Acquire Midas in $310 Million Deal
The proposed transaction has been unanimously approved by the board of directors of both companies.
Midas Reports Fourth Quarter, Full-Year 2011 Results
Fourth quarter 2011 operating income was $1.4 million, compared to an operating loss of $20.4 million in the prior year.
Monro Eyes Buys, and Midas is on the Shopping List
The Rochester, N.Y., service chain told investors it was evaluating acquisition targets, including Midas, and hopes to close on at least one deal this quarter.