Advance Auto Parts Finalizes Purchase Of Discount Auto Parts.(Advance Stores Inc. acquires Discount Auto Parts Inc.)(Brief Article)(Statistical Data Included)

From: Autoparts Report | Date: December 3, 2001 | Copyright information

Advance Auto Parts, Inc. said that it has completed its acquisition of Discount Auto Parts, Inc., further strengthening Advance's position as the nation's second largest retailer of auto parts and accessories. With the completion of the transaction, Advance Auto Parts has become a publicly traded company and its common stock will begin trading November 29 on the New York Stock Exchange under the symbol "AAP".

Advance Auto Parts will now operate more than 2,400 stores in...