Topic - The Gores Group

The Gores Group, founded by Alec E. Gores, is a private equity firm focused on acquiring controlling interests in mature and growing businesses. - Source: Wikipedia

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A customer leaves a Pep Boys auto parts store in Hayward, Calif., on Jan. 30, 2012. (Associated Press)

Pep Boys agrees to be acquired for about $791M

By Michelle Chapman - Associated Press

A customer leaves a Pep Boys auto-parts store in Hayward, Calif. The Pep Boys chain was founded more than 90 years ago. It has agreed to be taken private by the investment firm the Gores Group for about $791 million. (Associated Press)

Pep Boys to be taken private

By Michelle Chapman - Associated Press