CSK Auto Announces Termination of Tender Offer for 4 5/8% Senior Exchangeable Notes.PHOENIX -- CSK Auto CSK Auto Inc. is the largest specialty retailer of automotive parts and accessories in the western United States and one of the largest retailers of such products in the entire country. , Inc. ("Auto"), wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CSK Auto Corporation (NYSE NYSE See: New York Stock Exchange : CAO) (the "Company"), announced today the termination of its previously announced cash tender offer (the "Tender Offer") for its $100,000,000 aggregate principal amount of 4 5/8% Senior Exchangeable Notes due 2025 (the "4 5/8% Notes") because the minimum tender condition for the Tender Offer was not satisfied. The Tender Offer expired at 5:00 p.m., Eastern Daylight Time, on July 21, 2006 (the "Expiration Time Expiration time The time of day by which all exercise notices must be received on the expiration date. Technically, the expiration time is currently 11:59AM on the expiration date, but public holders of option contracts must indicate their desire to exercise no later than 5:30PM on "). As of the Expiration Time, $33,975,000 aggregate principal amount of the 4 5/8% Notes (representing approximately 34% of the outstanding principal amount) had been tendered and not withdrawn. All 4 5/8% Notes tendered in the Tender Offer will be returned to tendering holders or their appointed custodians. CSK Auto Corporation is the parent company of CSK Auto, Inc., a specialty retailer in the automotive aftermarket. As of April 30, 2006, the Company operated 1,288 stores in 22 states under the brand names Checker Auto Parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
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