LKQ launches process to explore sale of Specialty segment

LKQ CORP

Specialty segment distributes automotive, RV and marine parts in North America.
No definitive timetable or assurance that a sale will occur.
Bank of America and Wachtell, Lipton, Rosen & Katz engaged as advisors.
Proceeds from any sale would be used for share repurchases and balance sheet.
Follows recent sale of Self-Service segment as part of portfolio simplification.

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