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Icahn Enterprises is selling Pep Boys to Mavis Tire for $700 million

Cris Tolomia
AI Summary

Icahn Enterprises has agreed to sell the Pep Boys automotive chain to Mavis Tire for $700 million. The acquisition will integrate nearly 800 Pep Boys locations into Mavis Tire's existing network.

The deal adds nearly 800 Pep Boys locations to Mavis's network, expanding its footprint across the Western United States

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Icahn Enterprises is selling Pep Boys to Mavis Tire for $700 million — Headlinne — headlinne