BOND AUTO TO SELL TO O’REILLY AUTO PARTS
An agreement was made public late on Wednesday between O’Reilly, a national chain, Auto Parts and Bond Auto Parts, a Vermont chain of about 55 stores.
The national chain operates nearly 4,800 stores in 45 states.
The sale will end the family owned Bond Auto chain, which is based out of Barre, VT.
Details of the sale, including price were not made public.
O’Reilly’s stock price plummeted after the announcement was made, dropping from $277 per stock to $264 in a matter of about 5 minutes.
