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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.
Chinese company tops ON Semiconductor's bid for Fairchild
2015-12-09 13:09:55| Electronics - Topix.net
A group led by China Resources Holdings Co.' s semiconductor business and Hua Capital Management made an offer for Fairchild Semiconductor International valuing the company at $2.46 billion, people familiar with the matter said, topping a previous offer by ON Semiconductor Corp. Fairchild said Tuesday it had received an unsolicited offer of $21.70 a share from a company it didn't name.
Tags: company
chinese
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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.
Verizon sees possible bid for Yahoo assets
2015-12-09 00:26:50| Telecom - Topix.net
Verizon's top executive on Tuesday left open the possibility that the US telecom giant could make a bid for Yahoo if the Internet firm puts itself up for sale. Verizon chief executive Lowell McAdam said his firm, which recently acquired the faded online star AOL, sees some potential for some of Yahoo's assets.
Norfolk Southern swiftly rejects revised merger bid by Canadian Pacific Railway
2015-12-08 15:53:20| Railroads - Topix.net
A Norfolk Southern locomotive is shown on Chicago's south side in this Oct. 23, 2014 file photo. Canadian Pacific Railway has revised its offer to acquire Norfolk Southern, but the Virginia-based railway has already rejected it.
Tags: southern
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canadian
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