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#1
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#2
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Another bad deal for the consumers, corporate always knows better what the little guy needs !
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#3
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Uncle Sam would have to approve the sale I don't think it a done deal yet to start panicking yet. Do to the anti-Trust and Monopoly Laws already On the Books
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0riginal, 60 RER, 70, 106, 1450, 1541, 2182, 3208, XT3GSX & SX54 Z Force |
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#4
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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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A pair of 100's, both look fairly well stock, one with a creeper, and a snow plow that I will never use in south Florida |
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#5
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Quote:
"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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#6
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This is not good. NAPA is my local go to, with O'Reilly a distant 2nd place option when NAPA doesn't have what I need or isn't open. Autozone and Advance are horrible. Carquest hot absorbed by Advance years ago. Without the competition between NAPA and O'Reilly, quality parts will be less available and prices will further climb. I'll probably have to start buying everything online...
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IH CC Original 4-digit (x2), 70, 86 (x2), 125, 127, 128 |
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Cub Cadet is a premium line of outdoor power equipment, established in 1961 as part of International Harvester. During the 1960s, IH initiated an entirely new line of lawn and garden equipment aimed at the owners rural homes with large yards and private gardens. There were a wide variety of Cub Cadet branded and after-market attachments available; including mowers, blades, snow blowers, front loaders, plows, carts, etc. Cub Cadet advertising at that time harped on their thorough testing by "boys - acknowledged by many as the world's worst destructive force!". Cub Cadets became known for their dependability and rugged construction.
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