Seeking Alpha

Advance Auto Parts (AAP +1.8%) ratchets higher with takeover rumors flying around again over the...

Advance Auto Parts (AAP +1.8%) ratchets higher with takeover rumors flying around again over the automotive parts seller. Blackstone Group was hired last month to gauge interest with most analysts seeing a combined P-E bid as the most likely path to a successful bid. With the company only sitting on a reasonable $600M in long-term debt, a leveraged buyout is on the table.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs