Bridgestone, Pep Boys Agree On Amended Terms To Merger Agreement
Bridgestone matches Icahn bid of $15.50 per share.
Uni-Select Stock Seen Rising After Doubling In Value In Past Year, Says Bloomberg Business
Uni-Select Inc. remains the cheapest stock on a price-earnings basis among 11 peers in a Bloomberg Intelligence index, according to Bloomberg Business. That suggests the shares of the Canadian company may have room to rise even more.
Uni-Select Reports Second Quarter 2015 Financial Results
Net earnings declined to $12.4 million, from $15.5 million last year, mainly as a result of impairment and transaction charges related to the sale of net assets.
Uni-Select Reorganizes Corporate Management Structure
Vice President, Corporate Services and Chief Financial Officer, Denis Mathieu, to step down on July 31.
Uni-Select Completes The Sale Of Its US Automotive Parts Distribution Activities
The proceeds of the transaction will be used by Uni-Select to repay its outstanding debt, settle related transaction costs and invest in future growth-driven organic and acquisition opportunities.
Leadership 2.0 Blog No. 3: Shane Norman, Regional Sales Manager, Eastern Warehouse Distributors
“Love or hate it, our industry continues to be ripe for consolidation and acquisition and it’s up to us as leaders to adapt to these changes,” writes Norman.
Federal-Mogul Board Of Directors Appoints Daniel Ninivaggi Co-CEO, CEO Of Vehicle Components Group
He is replacing Kevin Freeland, who is leaving the company for personal reasons.
Federal-Mogul Announces Plan To Launch $500 Million Common Stock Rights Offering
Federal-Mogul also announced today that it is pursuing a potential refinancing of its outstanding indebtedness. The company expects to complete its refinancing plans shortly after the completion of the rights offering.
Factory Motor Parts Acquires Select Auto Plus Locations
The deal comes after Carl Icahn’s aftermarket auto parts chain won court approval to sell most locations to FMP.
