MNRO · Categories · M&A
MNRO - Mergers and acquisitions
Monro Inc. (MNRO) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for MNRO
- Monro, Inc. Announces Approval of Limited-Duration Shareholder Rights PlanMonro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors (the "Board") has unanimously voted to approve a limited duration shareholder rights plan (the "Rights Plan"). The Rights Plan has a one-year duration expiring on November 6, 2026. The Rights Plan was approved in response to the rapid accumulation of a significant beneficial ownership of the Company totaling nearly 17% by Icahn Enterprises L.P. The adoption of the Rights Plan is intended to protect the long-term interests of Monro and all Monro shareholders and enable them to realize the full potential value of their investment in the Company. The Righ
- Monro, Inc. Announces Fourth Quarter and Fiscal 2021 Financial Results~ Fourth Quarter Comparable Store Sales Increase 9.4% ~~ Fourth Quarter Diluted EPS of $.35 and Adjusted Diluted EPS of $.38 ~~ Fiscal 2021 Operating Cash Flow Increased 52% to a Record ~$185 Million ~~ Increases First Quarter Fiscal 2022 Cash Dividend by 9% to $.24 per share ~~ Completes Acquisition of 30 California-based Stores, Adding Expected Annualized Sales of ~$45 Million ~ ROCHESTER, N.Y., May 20, 2021 (GLOBE NEWSWIRE) -- Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its fourth quarter and fiscal year ended March 27, 2021. Fourth Quarter Results Sales for the fourth quarter of the fiscal year
- Monro, Inc. Signs a Definitive Agreement to Acquire Mountain View Tire & Service, Inc.~ Acquisition of 30 California-based Stores, Adding $45 Million in Expected Annualized Sales ~ ~ Expands Presence in Attractive Western Region with a Total of 116 Stores ~ ROCHESTER, N.Y., March 10, 2021 (GLOBE NEWSWIRE) -- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that it has signed a definitive agreement to acquire California-based Mountain View Tire & Service, Inc. The acquisition includes 30 Mountain View Tire & Auto Service retail stores located in the Los Angeles area, further solidifying the Company’s geographic footprint in California. Monro will continue to operate all of these locations. Robert Mellor, Chai