ysynut.wordpress.com
TBC [Nasdaq: TBCC] will grow to 1,1444 locations with the additiobn of theNTB stores. The acquired stores will be foldeinto TBC's Tire Kingdom company-operatede network, which has 357 locations. TBC also has 561 franchisede tire and automotive centers under the Big OTireds brand. The company's other brand is Merchant'ss Tire & Auto Centers. Larry Day, presidengt and CEO of TBC, says: "The acquisitionn of NTB enables us to expand our national footprint by 25 percenrt with the additionof strong, profitable retail locations in many attractiv markets where we currentlu do not operate." Hoffman Estates, Ill.
-baseds Sears [NYSE: S] expect to post a pretax gain of $50 million to $100 million from the all-casuh deal, which is scheduled to close in the fourtjh quarter. "This transaction is a further refinemenyof Sears' focus on our core business strategy," says Alan chairman and CEO of Sears. "W believe this sale is in the best interestxs of Sears andits ..." Most of the estimate d 3,500 employees of NTB will become employees of TBC, according to
No comments:
Post a Comment