Icahn Sells Pep Boys to Mavis Tire While Retaining Key Automotive Real Estate

According to Bisnow, Mavis Tire Express Services is acquiring the 800-location Pep Boys chain for $700 million in cash from Icahn Enterprises. While the deal shifts the brand's expansive distribution network to New York-based Mavis, Carl Icahn is holding onto a portion of the rea

According to Bisnow, Mavis Tire Express Services is acquiring the 800-location Pep Boys chain for $700 million in cash from Icahn Enterprises. While the deal shifts the brand's expansive distribution network to New York-based Mavis, Carl Icahn is holding onto a portion of the rea