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16.10.2013 17:06:00
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Advance Auto Parts, Inc. -- Moody's affirms Advance Auto's Baa3 senior unsecured rating; stable outlook continued
New York, October 16, 2013 -- Moody's Investors Service today affirmed the Baa3 senior unsecured rating of Advance Auto Parts, Inc. ("Advance") and continued the stable outlook. This action results from Advance's announcement that it was acquiring General Parts International, Inc. ("GPI") in a transaction valued at roughly $2.05 billion.
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