Citi Upgrades O'Reilly Automotive (ORLY) to Buy
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In Addition to O'Reilly (ORLY), Icahn Enterprises (IEP) Could Be Interested in Bidding for Advance Auto Parts (AAP) - Sterne Agee CRT
December 16, 2015 8:51 AM ESTSterne Agee CRT analyst Ali Faghri weighed in on reports from StreetInsider Tuesday that Advance Auto Parts (NYSE: AAP) is exploring a potential... More
Advance Auto Parts (AAP) Takeover Would be 25% Accretive to O'Reilly (ORLY) Earnings, Says Deutsche Bank
December 15, 2015 3:57 PM ESTDeutsche Bank maintained a Buy rating on Advance Auto Parts (NYSE: AAP) with a price target of $190. Analyst Mike Baker said a takeover by O'Reilly Automotive (NASDAQ: ORLY) would be at least 25% accretive to... More
O'Reilly Automotive (ORLY) says it won't comment on rumors or speculation in any form - Bloomberg
December 15, 2015 2:47 PM ESTO'Reilly Automotive (NASDAQ: ORLY) says it won't comment on rumors or speculation in any form, according to Bloomberg.
... MoreAdvance Auto Parts (AAP) Exploring a Potential Sale - Source
December 15, 2015 2:20 PM ESTAdvance Auto Parts (NYSE: AAP) is exploring a potential sale of the company after being approached by at least one possible buyer, according to a source familiar with the matter. Shareholders could expect to fetch up to $200 per share if a sale is successful, the source said.
The sale process is said to be in the early stages and may not lead to a deal.
Advance Auto Parts has already attracted activist investor interest. Activist hedge fund... More
