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Bridgestone raises offer for U.S. auto parts retailer Pep Boys

2015-12-12 02:52:28| Auto Parts - Topix.net

Dec 11 Japanese tire maker Bridgestone Corp on Friday raised its offer for U.S. auto parts retailer Pep Boys - Manny, Moe & Jack by 50 cents a share to $15.50 per share. The new offer comes after Pep Boys said on Wednesday that it planned to terminate its deal with Bridgestone as its board considered Carl Icahn's offer as a "superior proposal."

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