Pep Boys (PBY) Stock Spikes on Potential Takeover Bids

NEW YORK (TheStreet) -- Pep Boys shares are climbing 15.9% to $10.72 in morning trading on Wednesday following reports that the car care business has received interest from multiple suitors for a potential sale, according to the Wall Street Journal.Private equity firm Golden Gate Capital was identified by the Journal's sources as one of the company's interested in the Philadelphia-based company, though Pep Boys is not currently working with any investment banks on the sale.The company last r...