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- Acquisition to Provide CSK with Strong Position in Wisconsin Market -
PHOENIX, March 13 /PRNewswire/ -- CSK Auto Corporation (NYSE: CAO) announced today that its wholly owned subsidiary, CSK Auto, Inc., the largest retailer of automotive parts and accessories in the Western United States and one of the largest such retailers in the country, has entered into an agreement to acquire substantially all of the assets of All-Car Distributors, Inc. (AllCar), headquartered in Antigo, Wisconsin. AllCar operates 22 stores, 21 in Wisconsin and 1 store in Michigan and had sales volume of approximately $31 million in 1999.
Under the terms of the agreement, CSK Auto will pay approximately $865,000 in cash for...