Stellex Capital Management to acquire Fenix Parts for $8.1M

Fenix Parts' board agreed to accept an $8.1 million acquisition bid from private equity firm Stellex Capital Management, pending shareholder approval.

“Rejecting a more than $10 million bid by a scrap metal facility as too uncertain and unrealistic, Fenix Parts’ leadership announced Feb. 28 it had agreed to accept a $8.1 million deal from a private equity company.”repairerdrivennews.com

• 1 source
• repairerdrivennews.comFenix Parts board backs $8.1M bid from private equity firm Stellex Capital Management | Repairer Driven NewsJohn HuetterMar 12, 2018

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