DENVER-( ENTERPRISE WIRE )- Shuman Glenn & Stecker declares that it is investigating potential shareholder claims in opposition to sure officers and directors of Advance Auto Components, Inc.
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It’s been 50 years since Transamerican Auto Elements first entered the off highway and performance auto parts scene, and since that point Transamerican Auto Components has grown considerably via a foundation of offering dedicated service to both our clients and the off highway group as a complete. Advance Auto Parts , primarily based in Roanoke, Va., said in an announcement that the mixture of the 2 companies will result in annual savings and revenue improvements of $one hundred sixty million inside three years of closing the deal. Final quarter the corporate delivered a constructive earnings shock and in-line sales, but flat gross sales have been unable to bring enthusiasm into the inventory.
Advance Auto Components now … Read the rest