Penske and Kmart Deal

403704 04: A Penske Auto Center sign is seen April 10, 2002 in Des Plaines, IL. Kmart Corp. and Penske Auto Centers LLC agreed to liquidate 563 auto centers in 44 states. Kmart is in its early stages of restructuring after filing for Chapter 11 status January 22, 2002. Penske Auto Centers is 64-percent-owned by a subsidiary of Penske Corp. and Kmart owns 36 percent. (Photo by Tim Boyle/Getty Images)
403704 04: A Penske Auto Center sign is seen April 10, 2002 in Des Plaines, IL. Kmart Corp. and Penske Auto Centers LLC agreed to liquidate 563 auto centers in 44 states. Kmart is in its early stages of restructuring after filing for Chapter 11 status January 22, 2002. Penske Auto Centers is 64-percent-owned by a subsidiary of Penske Corp. and Kmart owns 36 percent. (Photo by Tim Boyle/Getty Images)
Penske and Kmart Deal
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Credit:
Tim Boyle / Staff
Editorial #:
759325
Collection:
Getty Images News
Date created:
10 April, 2002
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Source:
Getty Images North America
Object name:
40370404pens_20020410_00340.jpg