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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of Pep Boys will receive $18.50 in cash for each share of Pep Boys common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding tax.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.
New Jersey Sues Pep Boys for Overcharging
2016-01-11 15:22:02| Auto Parts - Topix.net
Philadelphia-based Pep Boys and Virginia's Advance Auto Parts have been sued for allegedly overcharging customers in the Garden State. The suit comes just days after Pep Boys agreed to be sold to Carl Icahn for approximately $1 billion and comes from the New Jersey Division Consumer Affairs, through its Office of Consumer Protection and its Office of Weights and Measures.
Will Icahns Acquisition of Pep Boys Affect the Net Lease Market?
2016-01-07 09:00:00| National Real Estate Investor
Will Carl Icahn's acquisition of Pep Boys create more attractive acquisition opportunities for net lease investors? read more
Is Pep Boys' Termination Fee too Big?
2016-01-02 23:27:30| Auto Parts - Topix.net
The Pep Boys - Manny, Moe & Jack merger triangle with BridgestoneRetail Operations LLC and Icahn Enterprises LP is proving to be an exciting bidding war. The price and the pace of competing bids has been escalating since the proposed Pep Boys/Bridgestone agreement was announced onOctober 16, 2015.
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Doug Kass on Pep Boys, Macy's, Bed Bath & Beyond
2016-01-02 19:22:52| Auto Parts - Topix.net
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