Monday, June 12, 2017

Carl Icahn Strikes Again, and Now Owns More Than 1,000 Stores

Image result for Precision Tune Auto CareIcahn Automotive Group LLC is buying another automotive service provider — with more than 250 locations in 26 states.

Investor Carl Icahn's automotive company has entered into an agreement to acquire Precision Auto Care Inc., the parent company of Precision Tune Auto Care.

“The acquisition of Precision Auto Care, with more than 250 corporate-owned and franchised Precision Tune service locations in the United States, is the next step in building out our national automotive service network,” says Daniel Ninivaggi, CEO of Icahn Automotive Group LLC since March 2017.. . . more

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