secwatch.observer — SEC 8-K summary
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Issuer:     ICAHN ENTERPRISES L.P. (IEP)
CIK:        0000813762
Form:       8-K
Filed at:   2026-07-21T12:29:38+00:00
Accession:  0001104659-26-085237
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813762/000110465926085237/0001104659-26-085237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813762/000110465926085237/tm2620847d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085237

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