O'Reilly Automotive Enters into Standstill Agreement with CSK Auto
07 Fevereiro 2008 - 11:00AM
Business Wire
O�Reilly Automotive, Inc. (NASDAQ:ORLY) today announced that it has
entered into a Standstill Agreement with CSK Auto Corporation
(NYSE: CAO) and will participate in CSK's previously announced
process. O'Reilly does not intend to provide any further updates
with regards to the standstill agreement. About O'Reilly
Automotive, Inc O'Reilly Automotive, Inc. is one of the largest
specialty retailers of automotive aftermarket parts, tools,
supplies, equipment and accessories in the United States, serving
both the do-it-yourself and professional installer markets. Founded
in 1957 by the O'Reilly family, the Company operated 1,830 stores
in the states of Alabama, Arkansas, Florida, Georgia, Illinois,
Indiana, Iowa, Kansas, Kentucky, Louisiana, Minnesota, Mississippi,
Missouri, Montana, Nebraska, North Carolina, North Dakota, Ohio,
Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Virginia,
Wisconsin and Wyoming as of December 31, 2007. Forward-Looking
Information The Company claims the protection of the safe-harbor
for forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements can be
identified by forward-looking words such as �expect,� �believe,�
�anticipate,� �should,� �plan,� �intend,� �estimate,� �project,�
�will� or similar words. In addition, statements contained within
this press release that are not historical facts are
forward-looking statements, such as statements discussing among
other things, expected growth, store development and expansion
strategy, business strategies, future revenues and future
performance. These forward-looking statements are based on
estimates, projections, beliefs and assumptions and are not
guarantees of future events and results. Such statements are
subject to risks, uncertainties and assumptions, including, but not
limited to, competition, product demand, the market for auto parts,
the economy in general, inflation, consumer debt levels,
governmental approvals, our ability to hire and retain qualified
employees, risks associated with the integration of acquired
businesses, weather, terrorist activities, war and the threat of
war. Actual results may materially differ from anticipated results
described or implied in these forward-looking statements. Please
refer to the Risk Factors sections of the Company�s Form 10-K for
the year ended December 31, 2006, for more details.
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