Tagged GPC

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Genuine Parts to Spin Off Unit in Merger

Essendant And Genuine Parts Company’s S.P. Richards Business To Combine To Form Stronger, More Competitive National Business Products Distributor Creates Combined Company with Enhanced Ability to Serve Customers Through Improved Scale and Expanded Service Capabilities Expected to Deliver Approximately $75 Million in Annual Run-Rate Synergies and Establish Enhanced Financial Profile to Drive More Profitable Growth…