Les Schwab Up For Sale

A mainstay for many small communities across the Inland Northwest announced last week it’s up for sale.  Central Oregon based Les Schwab confirmed Tuesday it had hired Goldman Sachs to find a buyer.  The company did not disclose a potential buyer or price tag, however, Bloomberg News reported the company can expect a price tag around $3 billion.

According to anonymous sources, the company is also working with an adviser looking at alternatives such as divesting its real estate portfolio.  Les Schwab has nearly 500 locations across the west, with dozens of locations across Washington, Oregon and Idaho.

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