AIThe Driveabout 2 hours ago
O'Reilly Eyes $10 Billion NAPA Takeover
6 min read
O'Reilly Automotive reportedly bid $10 billion or more for Genuine Parts Company's auto parts operations, which include NAPA. A deal would merge two of four major U.S. auto parts retailers. O'Reilly runs corporate-owned stores; NAPA uses a franchise model with about 4,500 independently owned locations. Antitrust issues loom in 600 markets where the buyout would create a monopoly.
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