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Will Bridgestone raise bid for Pep Boys?

2015-12-09 16:51:34| Auto Parts - Topix.net

Shares of Pep Boys - Manny Moe & Jack rose Tuesday as investors bet that Bridgestone Corp. will boost its $15-a-share offer to beat billionaire Carl Icahn's Monday bid of $15.50 a share for the Philadelphia-based auto-parts sales and service chain. Shares closed at $16.30, up 1.5 percent or 24 cents, in Tuesday trading on the New York Stock Exchange.

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