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Bridgestone counters Icahn's offer for Pep Boys
2015-12-12 06:51:57| Auto Parts - Topix.net
Bridgestone Americas Inc. has countered Icahn Enterprises L.P.'s offer for Pep Boys Manny, Moe & Jack, an offer Pep Boys' board of directors has endorsed unanimously. Bridgestone increased its offer price to acquire all the outstanding shares of common stock of Pep Boys to $15.50 per share in cash from its previous offer of $15, or about $863 million in aggregate equity value.
Bridgestone inks deal to acquire Pep Boys for $863M
2015-12-12 03:04:48| Industrial Machines - Topix.net
Pep Boys has agreed to be acquired by Bridgestone for $863 million in cash after the tires and auto service company sweetened its offer following a bid from Carl Icahn's investment firm. Bridgestone and Pep Boys said late Friday that the new offer amounts to $15.50 for each Pep Boys share, an increase from its previous offer of $15 per share.
Bridgestone raises offer for U.S. auto parts retailer Pep Boys
2015-12-12 02:52:28| Auto Parts - Topix.net
Dec 11 Japanese tire maker Bridgestone Corp on Friday raised its offer for U.S. auto parts retailer Pep Boys - Manny, Moe & Jack by 50 cents a share to $15.50 per share. The new offer comes after Pep Boys said on Wednesday that it planned to terminate its deal with Bridgestone as its board considered Carl Icahn's offer as a "superior proposal."
Icahn's bid for Pep Boys would boost aftermarket business, but not Federal-Mogul, experts say
2015-12-10 21:55:14| Auto Parts - Topix.net
If financier Carl Icahn acquires Pep Boys for $863 million, it will give a big boost to his aftermarket retail chain Auto Plus, but not so much for another Icahn asset, Federal-Mogul Holdings Corp. Together, Pep Boys and Auto Plus -- which have 800 stores and 278 locations respectively -- would comprise the fifth-largest retail auto parts chain in the United States, says Brian Sponheimer, a New York-based analyst for Gabelli Asset Management. Icahn launched his consolidation strategy in June, when he purchased Auto Plus from Canada's Uni-Select Inc. for $340 million.
3rd Grade Boys
2015-12-09 22:42:57| PortlandOnline
PDF Document, 1,594kbCategory: Goldenball Basketball
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