PHILADELPHIA, October 26, 2015: Morgan Lewis has advised The Pep Boys – Manny, Moe & Jack (NYSE: PBY) in its sale to Bridgestone Retail Operations, LLC, a wholly-owned subsidiary of Bridgestone Americas, Inc., in an all-cash transaction for $15.00 per share, or approximately $835 million in aggregate equity value.
The Morgan Lewis team advising on the transaction was led by partners James McKenzie and Colby Smith. Support was provided by partners Harry Robins, Steven Reed, David Zelikoff, James Sims, Michael Pedrick, Paul Gordon, and Judy Walkoff; senior counsel Joseph Ronan; and associates Andrew Rocks, Crystal Fang, Maria Di Lauro, Tracey Milich, Leslie Dupuy, and Joseph Washington.
A joint press release issued by Pep Boys and Bridgestone Americas can be accessed here.