Gibson Dunn Reps American Tire In $1.3B TPG Takeover

Law360, New York (April 21, 2010, 6:57 PM EDT) -- American Tire Distributors Holdings Inc., currently owned by affiliates of Investcorp, Berkshire Partners LLC and Greenbriar Equity Group LLC, has agreed to an acquisition offer by affiliates of TPG Capital in a transaction valued at approximately $1.3 billion.

The transaction is expected to close in the second quarter of 2010 and is subject to customary conditions, including receipt of applicable regulatory approvals, American Tire said on Wednesday.

Charlotte, N.C.-based American Tire, which distributes replacement tires to local, regional and national tire retailers, is the country’s largest...
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