Retail

Web poll: Will ATD be sold? Weigh in

Posted on May 16, 2014

With the news TPG Capital LP was considering the sale of American Tire Distributors Holdings Inc. through an initial public offering (IPO) comes a lot of speculation.

Why does the private equity firm want to sell? Does it have other options? What will happen if ATD goes public?

So far, the companies have remained relatively mum on the subject. And why not? Private equity firms are almost always in the market for attractive investments they can turn around and sell in three to five years.

ATD, however, touches almost all of us in some way. Its potential sale is not just big, it's Godzilla-big.

Here's your chance to weigh in on the topic. Check out our latest Web Poll question, which is located on the right-hand side of the Modern Tire Dealer home page under "Web Poll" (after you scroll down a little). You have six choices from which to choose.

Related Topics: ATD, Private equity firm, Stock offering, Web poll

Comments ( 0 )
More Stories
Kim Yong-Hak has been named a senior vice president at Hankook Tire Co.'s holding company, Hankook Tire Worldwide.
News

Hankook Names New Executives

Hankook Tire Co. Ltd. and its holding company Hankook Tire Worldwide are placing 19 employees in new executive roles effective Jan. 1, 2017, as part of efforts to increase competitiveness in the global top-tier tire market.

News

Toyo Is Georgia's Top Automotive Supplier

Toyo Tire North America Manufacturing Inc. has won the Georgia Department of Economic Development's inaugural Automotive Supplier of the Year Award. The Georgia Automotive Awards recognize leaders throughout the state and honor them as part of the state's automotive ecosystem.

News

Judge Declares Overtime Ruling Is 'Unlawful' For Now

On May 18, 2016, the Department of Labor’s final rule updating the overtime regulations was published by President Barack Obama and Secretary of Labor Thomas Perez. The ruling automatically extended overtime pay protections to more than 4 million workers within the first year of implementation.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!