Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.

This article first appeared on GuruFocus. Genuine Parts Co. (NYSE:GPC) is preparing a potential separation that could reshape the $20.5B distributor into two focused, publicly traded businesses, ...

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ATLANTA - Genuine Parts Company (NYSE:GPC) announced Tuesday plans to separate into two independent, publicly traded companies by the first quarter of 2027, splitting its automotive and industrial ...

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Genuine Parts (GPC) is reportedly considering splitting its automotive and industrial parts businesses into two separate public companies. According to a report by The Wall Street Journal citing ...

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Katherine Haan, MBA, is a Senior Staff Writer for Forbes Advisor and a former financial advisor turned international bestselling author and business coach. For more than a decade, she’s helped small ...

The split is the culmination of a review the Atlanta-based company has been undergoing with financial advisers. The Wall Street Journal reported earlier Tuesday that the deal announcement was imminent ...