O’Reilly and CSK Auto Merge

Springfield, Mo. O’Reilly Automotive and CSK Auto Corp. announced that the two companies have signed a merger agreement. O’Reilly will acquire all outstanding shares of CSK common stock, in a transaction valued at approximately $1.0 billion, including approximately $500 million of debt.

The combined company will become the third largest national auto parts retailer, uniting O’Reilly’s 1,830 locations and CSK’s 1,349 stores.