| ironman |
07-13-2026 07:40 PM |
Quote:
Originally Posted by PBIjim
(Post 541448)
It seems odd to me that a debt ridden company with a $16 Billion valuation would buy a deep pockets company with a $77 Billion valuation.
...but I'm no mergers & acquisitions guy.
Those numbers are from the posted article. I did not verify them. The article also says that an offer has been made, but I find that an offer is far from a deal.
...but that doesn't mean that a deal will not go through and when the bean counters buy out those who actually service the markets, they often do cut things that customers wanted in the past
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It's the other way around....
"As it stands, O’Reilly has had Wall Street’s attention, carrying a market valuation of roughly $77 billion. It has the cash reserves and the credit leverage to make historic deals. Meanwhile, GPC (NAPA) has been struggling. Hit hard by high supply chain costs and economic volatility, its stock was lagging, leaving the entire GPC conglomerate valued at just around $16 billion."
O'Reilly is offering 10 billion for GPC' automotive division.
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