The acquisition of Pep Boys — Manny, Moe & Jack by Icahn Enterprises LP is expected to be complete by late January or early February. In the meantime, a memo to Pep Boys employees leaves open the question of whether the names of the boys from Philadelphia will last.
Icahn: Pep Boys Has 'Enormous Growth Potential'
Happy new year to the shareholders of Pep Boys — Manny, Moe & Jack. The acquisition of the Pep Boys company by billionaire investor Carl Icahn has given every shareholder 23% more cash.