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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.
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.
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.
Icahn Enterprises Holdings LP Owns Stake in Pep Boys-Manny Moe and Jack
2015-12-20 01:16:43| Auto Parts - Topix.net
Icahn Enterprises Holdings LP revealed that they own a 12.1% stake in Pep Boys-Manny Moe and Jack in a Form 13D disclosure that was filed with the Securities and Exchange Commission on Friday, December 4th. The investor owns 6,558,083 shares of the stock valued at about $103,355,388.
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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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