Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash.
Related Posts
Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday.
Waymo to Offer Self-Driving Cars on Uber in Austin and Atlanta
The latest partnership between the companies comes as self-driving cars are gaining traction.
Verizon Communications Shares Fall on Revenue Miss
Verizon Communications boosted quarterly revenue from wireless services and broadband subscriber growth, but missed analyst projections..