Gores Group Buys Pep Boys Auto Supply StoresPep Boys has agreed to be taken over by the Gores Group for $15 per share, or about $791 million. Gores Group is run by Alec Gores.
Report: Two Suitors Interested In Borders GroupThe Wall Street Journal is reporting that an Arizona private equity firm is among those in discussions to buy Ann Arbor-based bookseller Borders Group.

More From CBS Detroit

Best Cooking Classes In DetroitLearn how to whip up some wonderful dishes while having fun!
5 Bucket List Items To Cross Off In DetroitThe “must-do” items for anyone making a trip to Detroit.
Best Spots For A Quick Lunch In Downtown DetroitThese places will get you in and out.

Watch & Listen LIVE