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Bridgestone counters Icahn's offer for Pep Boys
2015-12-12 06:51:57| Auto Parts - Topix.net
Bridgestone Americas Inc. has countered Icahn Enterprises L.P.'s offer for Pep Boys Manny, Moe & Jack, an offer Pep Boys' board of directors has endorsed unanimously. Bridgestone increased its offer price to acquire all the outstanding shares of common stock of Pep Boys to $15.50 per share in cash from its previous offer of $15, or about $863 million in aggregate equity value.
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Category:Automotive
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