Advance Auto Parts

Investor's Business Daily

Advance Auto Parts (AAP) hosted a limited auction process, but bids from the Carlyle Group (CG), Leonard Green & Partners, KKR & Co. (KKR) and Clayton Dubilier & Rice fell short of expectations, so a sale is unlikely, according to sources in a Reuters article. Advance Auto Parts' shares fell 5.3% to 73.93.

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