CarParts.com Begins Exploring Sale and Other Strategic Alternatives
CarParts.com said Wednesday (March 5) that it has engaged a financial advisor and legal counsel to support its exploration of strategic alternatives, including a possible sale of the company.The eCommerce seller of automotive parts and accessories began this process after receiving inbound strategic inquiries, it said in a Wednesday press release.CarParts.com said in the release that it has not set a timeline for completion of the process, that there is no certainty that the process will result in any strat ...