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Carl Icahn's Pep Boys Plan
2015-12-09 16:51:32| Auto Parts - Topix.net
Carl Icahn is back at it again. In a recent SEC filing , Icahn disclosed a 12.2% stake in Pep Boys-Manny Moe & Jack .
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.
Pep Boys: Ichan Could 'Frustrate' Bridgestone Deal
2015-12-07 17:28:48| Industrial Machines - Topix.net
Manny Moe & Jack said Monday that Carl Icahn's newly unveiled 12.1% stake in the firm could imperil Bridgestone Corp.'s acquisition of the car-parts and repair company. The company said in a statement that Icahn's stake has "raised concerns" that the billionaire investor and other third parties could be trying to purchase the company's auto-parts segment.
Tags: deal
boys
pep
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Icahn Declares a 12% Stake in Pep Boys, Plots Takeover by Auto Plus
2015-12-06 21:55:41| Auto Parts - Topix.net
Billionaire activist investor Carl Icahn disclosed a new 12.1 percent stake in The Pep Boys - Manny Moe & Jack and said the auto parts and maintenance chain's retail business should be acquired by Auto Plus - a competitor he controls. Icahn believes Pep Boys' "retail automotive parts segment presents an excellent synergistic acquisition opportunity for Auto Plus, a leading automotive aftermarket company wholly owned by" Icahn Enterprises LP, according to a 13D regulatory filing Friday.
Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival
2015-12-05 14:49:39| Industrial Machines - Topix.net
Billionaire investor Carl Icahn reported on Friday that he now owns 12.12% of auto parts company Pep Boys-Manny, Moe & Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. Icahn began buying the shares in late November and now owns 6.55 million shares, making him the second largest owner after Mario Gabelli's Gabelli Funds, a regulatory filing shows.
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