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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of Pep Boys will receive $18.50 in cash for each share of Pep Boys common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding tax.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.

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Brazilian Waiting Period Expires for ARRIS-Pace Combination

2015-12-22 23:28:30| Telecom - Topix.net

As a result, all merger control closing conditions worldwide have now been met. The previously issued court order regarding the scheme of arrangement governing the acquisition of Pace plc will be delivered to the U.K. Registrar of Companies on About ARRIS ARRIS Group Inc. is a world leader in entertainment and communications technology.

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Deere labor contract with UAW expires tonight

2015-09-30 21:51:10| Industrial Machines - Topix.net

Negotiations for a new labor contact have been underway since the beginning of August, according to Mike Krumholz with the UAW in Waterloo. Ken Golden, Director of Global Public Relations with Deere & Company, says there won't be any public statements during negotiations except in news releases.

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Supreme Court Holds Patent Royalties Expire When Patent Expires

2015-06-24 04:49:00| Toys - Topix.net

In 1964, the Supreme Court held, in Brulotte v. Thys Co. , that a patent owner may not receive royalties on a patent after the patent expires.

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AstraZeneca profit falls as patent expires on heartburn drug

2015-04-24 11:25:39| Biotech - Topix.net

Anglo-Swedish drug-maker AstraZeneca PLC reported a 7 percent fall in net profit for the first quarter of 2015, as cheaper copies of one of its best-sellers ate into sales. Net profit for the three months to March 31 was $1.37 billion, down from $1.47 billion a year earlier.

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