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Pep Boys Says Icahn's Buyout Is Better Than Bridgestone's
2015-12-09 17:51:54| Auto Parts - Topix.net
CBS 3 CBS 3 joined forces with the most trusted local CBS RADIO stations in Philadelphia to give you the best Philly has to offer. CBS 3 is part of CBS Television Stations, a division of CBS [] KYW Newsradio 1060 Welcome to KYW Newsradio 1060 on CBSPhilly.com.
Will Bridgestone raise bid for Pep Boys?
2015-12-09 16:51:34| Auto Parts - Topix.net
Shares of Pep Boys - Manny Moe & Jack rose Tuesday as investors bet that Bridgestone Corp. will boost its $15-a-share offer to beat billionaire Carl Icahn's Monday bid of $15.50 a share for the Philadelphia-based auto-parts sales and service chain. Shares closed at $16.30, up 1.5 percent or 24 cents, in Tuesday trading on the New York Stock Exchange.
Pep Boys Gives Bridgestone Three Days to Top Icahn's Offer
2015-12-09 16:51:33| Auto Parts - Topix.net
Pep Boys gave Bridgestone Corp. three days to top Carl Icahn's $863 million takeover offer, saying its board had determined that the billionaire investor's bid is superior to their earlier agreement. Bridgestone was notified of the board's plan to change its recommendation and terminate their agreement on Tuesday, the Philadelphia-based company said Wednesday in a statement.
Carl Icahn's Pep Boys Plan
2015-12-09 16:51:32| Auto Parts - Topix.net
Carl Icahn is back at it again. In a recent SEC filing , Icahn disclosed a 12.2% stake in Pep Boys-Manny Moe & Jack .
Pep Boys face bid war as Icahn tops Bridgestone
2015-12-09 03:07:23| Industrial Machines - Topix.net
Traders in Pep Boys shares are wagering that the bidding war for the automotive-parts chain may just be beginning. Philadelphia-based Pep Boys traded at $16.43 as of 2:21 p.m. in New York, 6 percent higher than the $15.50 a share that billionaire investor Carl Icahn offered to buy the company.
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