TBC Corp. announced it has accepted for payment all of the shares of Midas Inc. common stock. The payment was tendered pursuant to TBC’s tender offer for all of the outstanding shares of common stock of Midas, Inc.

Tags: Acquisitions, Merger, Midas Inc., TBC Corp.

Pep Boys - Manny, Moe & Jack has entered into a definitive merger agreement under which it will be acquired by investment firm The Gores Group.

Tags: Acquisitions, Auto Parts, Mike Odell, Pep Boys, The Gores Group

American Tire Distributors Inc. (ATD) posted net income of nearly $1.5 million on net sales of $831 million for its third quarter ended Oct. 1, 2011. That compares to a net loss of $18.9 million on sales of $647.3 million for the same period last year.

Tags: Acquisitions, ATD financials

American Tire Distributors Inc. (ATD) has executed an agreement to purchase the capital stock of North Central Tire Group (NCT). ATD expects the transaction to close on April 29, 2011.

Tags: Acquisitions, American Tire Distributors, Bill Berry

Titan International Inc. recorded net income of $400,000 on net sales of $881.6 million for its fiscal year ended Dec. 31, 2010. That compares to a net loss of $24.6 million on sales of $727.6 million in 2009.

Tags: Acquisitions, Morry Taylor, Titan financials, United Steelworkers

Monro Muffler Brake Inc. will retain the Autotire Car Care Center name in the St. Louis, Mo., market, Monro Chairman and CEO Robert Gross recently told www.moderntiredealer.com.

Tags: Acquisitions, ATD, Autotire, Branding, Marketing, Monro