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Pep Boys Rises in Premarket Trading on Rival Bids

2015-12-29 12:50:15| Industrial Machines - Topix.net

The billionaire investor upped his bid to $18.50 per share late this afternoon, topping Bridgestone Corp. 's competing bid of $17 per share, CNBC.com reports. Bridgestone, a Japanese manufacturing company engaged in the tire business, offered $17 per share on Christmas Eve to top Icahn's previous bid of $16.50 a share.

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Category:Industrial Goods and Services

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