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Icahn's Pep Boys offer expires Feb. 2
2016-01-12 15:16:34| Auto Parts - Topix.net
Icahn Enterprises L.P.'s $18.50 per-share tender offer for Pep Boys - Manny, Moe & Jack's outstanding shares will expire at midnight Feb. 2. Upon successful closing of the tender offer, Icahn said, shareholders of Pep Boys will receive $18.50 in cash for each share of Pep Boys common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding tax. Icahn Enterprises, operated by acquisition stalwart Carl Icahn, is carrying out the acqusition through IEP Parts Acquisition L.L.C., a wholly owned subsidiary.
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Category:Automotive