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Is the billionaire who bought Pep Boys moving them from Philly?

2016-01-19 19:15:27| Auto Parts - Topix.net

PHILADELPHIA - Now that billionaire investor Carl Icahn has acquired Pep Boys, which has its corporate headquarters in North Philadelphia, the city is asking a favor from the new owner: Keep the operation in the city. According to philly.com , the 79-year-old Icahn recently won a $1 billion bidding war for the 95-year-old car parts company, beating out Japan's Bridgetone Corp. in the process.

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