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| GPC > SEC Filings for GPC > Form 8-K on 18-Aug-2008 | All Recent SEC Filings |
18-Aug-2008
Other Events, Financial Statements and Exhibits
On August 18, 2008, the Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of $.39 cents per share on the Company's common stock. The dividend is payable October 1, 2008 to shareholders of record September 5, 2008. Genuine Parts Company also announced that its Office Products Group, S.P. Richards Company, has signed a definitive agreement to purchase the midwestern U.S. business assets of ActionEmco. ActionEmco is a regional office products wholesale distributor and S.P. Richards Company is purchasing the portion of their dealer business serviced from their Grand Rapids, Michigan distribution center. The effective date of the transaction is planned for October 3, 2008, and the Company expects the purchase to generate annual revenues of approximately $50 million. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.
(d) Exhibits
99.1 Press Release dated August 18, 2008
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