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Pep Boys - Manny, Moe & Jack Message Board

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  • lagunadan92677 lagunadan92677 Nov 2, 2012 2:53 PM Flag

    AAP up for sale

    Think about it. The reason that PBY received $50 million is because the ONLY buyout offer in over 30 years was nullified when The Gores Group got cold feet.

    Once again, PBY's failed attempt to sell itself all these years is well documented as is Gores Groups' preference to give up $50 million rather than own PBY.

    PBY has to prove itself through it's earnings, either by meeting or beating expectations for at least four quarters, before they would even be considered as a takeover target.