---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-085237"
form_type: "8-K"
ticker: "IEP"
cik: "0000813762"
company_name: "ICAHN ENTERPRISES L.P."
filed_at: "2026-07-21T12:29:38+00:00"
generated_at: "2026-07-21T12:35:24.081612+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Icahn Enterprises sells Pep Boys to Mavis for $700M cash; retains real estate and AAMCO

## Summary
- Base purchase price $700M cash, subject to customary adjustments for cash, debt, working capital.
- Icahn Enterprises retains owned real estate, AAMCO Transmissions, and Precision Tune Auto Care businesses.
- Pep Boys operates nearly 800 locations; Mavis network to exceed 4,400 service centers across U.S. and Canada.
- Transaction expected to close in coming months; reverse termination fee of $21M if buyer fails to close.
- Mavis acquisition adds significant Western U.S. footprint and iconic Pep Boys brand to its network.

## SEC filing metadata
- accession: 0001104659-26-085237
- form_type: 8-K
- ticker: IEP
- cik: 0000813762
- company_name: ICAHN ENTERPRISES L.P.
- filed_at: 2026-07-21T12:29:38+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813762/000110465926085237/0001104659-26-085237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813762/000110465926085237/tm2620847d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-085237
- JSON: https://secwatch.observer/filing/0001104659-26-085237.json
- Plain text: https://secwatch.observer/filing/0001104659-26-085237.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.