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On December 31, 1997, Microsoft acquired Hotmail.com for $500 million (~$882 million in 2023), its largest acquisition at the time, and integrated Hotmail into its MSN group of services. [3] Hotmail, a free webmail service founded in 1996 by Jack Smith and Sabeer Bhatia , [ 4 ] had more than 8.5 million subscribers earlier that month.
[19] [20] [21] Upon merger, Parts America stores were rebranded Advance Auto Parts and the website partsamerica.com became a web only store for Advance Auto Parts. With financial backing from Sears, Advance Auto Parts decided to make the partsamerica.com into a portal for web purchasing of auto parts as part of a joint venture with CSK Auto. [22]
MSN Autos named it #1 on their list of "Top 10 Disastrous Cars"; "A mix of Italian flair and Japanese expertise should have been a match made in heaven, but they clearly decided to divide the tasks by means of a lucky dip. Alfa ended up doing the electronics while Nissan took care of the styling, resulting in an ugly car that didn't work properly."
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It sells performance auto parts, aftermarket accessories, tools, and race apparel. JEGS was founded by Jeg Coughlin Sr. in 1960 as a small speed shop. [1] Jeg's remained family owned and operated until 2022 when a majority stake of the company was purchased by Greenbriar Equity Group .