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Pep Boys Moves Up Again On Bidding War

2015-12-23 05:37:16| Auto Parts - Topix.net

Pep Boys' investors are already looking at 2015 stock gains of over 60%, with perhaps a little more holiday cheer waiting in the wings as a bidding war between Bridgestone and Carl Icahn's Icahn Enterprises has continued. Over this past weekend, Carl Icahn raised the stakes by offering $16.50 per share in cash for the auto service and retail company.

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Icahn Raise Offer for Pep Boys; Staples, Office Depot Merger in Limbo

2015-12-21 22:36:44| Auto Parts - Topix.net

Icahn Enterprises lifted its offer for The Pep Boy to $16.50 a share. Ingersoll-Rand intends to sell its remaining stake in Hussmann for $400 million.

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Icahn boosts offer to buy Pep Boys

2015-12-21 17:07:13| Industrial Machines - Topix.net

" Pep Boys is calling a revised offer from billionaire Carl Icahn a superior bid, just days after the auto parts seller accepted a sweetened deal from tire company Bridgestone. Icahn Enterprises offered $16.50 for each share of Pep Boys on Friday, in a deal worth about $893 million.

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Carl Icahn raises offer for Pep Boys, tops Bridgestone's offer

2015-12-21 16:31:39| Real Estate - Topix.net

Manny Moe & Jack, a U.S. auto parts retailer, said billionaire investor Carl Icahn had raised his offer to buy the company, topping Bridgestone Corp's offer of $15.50 per share. Pep Boys said its board had determined that Icahn Enterprises LP's offer of $16.50 per share in cash was superior to that of Bridgestone Corp's latest offer.

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Carl Icahn raises offer for Pep Boys, tops Bridgestone's offer

2015-12-21 15:32:24| Auto Parts - Topix.net

In this July 6, 2011 photo, technician Chris Shannon works on a costumers car at a Pep Boys Auto retail and service location, in Philadelphia. In this July 6, 2011 photo, technician Chris Shannon works on a costumers car at a Pep Boys Auto retail and service location, in Philadelphia.

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