Genuine Parts (GPC $49.93 +0.53) announced that they have entered into
a definitive strategic agreement whereby Exego will issue new shares to Genuine
Parts Company, representing a 30% stake in Exego for approx. $150 million in
cash.
The company will have the option to acquire the remaining shares of the Exego
Group at a later date, subject to Exego meeting certain earnings thresholds.






