Tuesday, November 21, 2006

Pirate Capital Raises Pep Boys (PBY) Stake to 11.7%

In an amended 13D filing on The Pep Boys (NYSE: PBY), Pirate Capital disclosed an 11.7% stake (6.61 million shares) in the company as of Nov 20th. This is up slightly from the 11.3% stake (6.36 million shares), the firm disclosed in a filing this morning. A quarterly 13F filing showed Pirate owned 5.62 million shares as of September 30th.

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