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Icahn ups stake for Pep Boys
2015-12-29 14:12:00| Auto Dealers - Topix.net
Bridgestone will decide by the end of the year whether it will top Carl Icahn's bid for Pep Boys after the billionaire investor raised his offer for the car-parts chain to more than $1 billion. The Japanese tire maker will decide its next move within three business days, spokesman Fusamaro Iijima said Tuesday in an e-mail.
Carl Icahn raises offer for Pep Boys to $18.50 per share
2015-12-29 00:56:24| Auto Parts - Topix.net
Dec 28 Activist investor Carl Icahn raised his offer for U.S. auto parts maker Pep Boys-Manny Moe & Jack , topping Japanese tire maker Bridgestone Corp 's latest bid by $1.50, to value the company at about $1 billion. Icahn Enterprises said it would pay $18.50 for each Pep Boys share, up from his previous offer of $16.50, according to a regulatory filing.
Icahn sweetens bid for Pep Boys to more than $1-billion
2015-12-29 00:19:51| Industrial Machines - Topix.net
Billionaire investor Carl Icahn raised his offer for Pep Boys to $18.50 a share in cash, or more than $1-billion, escalating a bidding war with Bridgestone Corp. for the car-parts chain. In announcing the proposal, Icahn Enterprises said it would be willing to pay an even higher price, so long as Pep Boys doesn't increase the termination fee in its deal with Bridgestone.
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.
What Does Icahn And Jana Partners See In Hertz?
2015-12-21 21:21:09| Airlines - Topix.net
The situation appears cordial for the moment. However, as share prices continue to crater, activist investors are likely to pressure the company further.
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