Motorcar Parts Of America Acquires Intellectual, Digital Property Associated With Centric Parts Brake Brands From First Brands Group; Terms
Motorcar Parts of America, Inc. (NASDAQ: MPAA ) today announced it has acquired the intellectual and digital property associated with the Centric Parts brake brands from First Brands Group through its Chapter 11 bankruptcy process. The transaction was managed through a court-supervised sales process under Section 363 o