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Icahn Raise Offer for Pep Boys; Staples, Office Depot Merger in Limbo
2015-12-21 22:36:44| Auto Parts - Topix.net
Icahn Enterprises lifted its offer for The Pep Boy to $16.50 a share. Ingersoll-Rand intends to sell its remaining stake in Hussmann for $400 million.
Dell Looks to Sell Perot Systems for More Than $5 Billion to Raise Cash for EMC Deal
2015-12-14 22:48:48| IT Services - Topix.net
Dell is looking to sell Perot Systems, a key piece of its technology outsourcing business, for more than $5 billion, sources tell Re/code . The hardware technology giant, led by CEO Michael Dell and private equity firm Silver Lake Partners, is altogether trying to raise $10 billion by selling non-core assets to help reduce the level of debt it will incur when it completes its acquisition of EMC .
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.
Lake Twp: Workers get union, pay raise
2015-12-07 16:28:43| Trucking - Topix.net
A 2.5 percent pay raise that is retro-active to January is included in a new contract agreement between the Lake Township trustees and nine employees. After going into executive session for about 90 minutes Tuesday, the trustees emerged to announce they agreed to a three-year contract with the employees who earlier this year sought union representation with International Brotherhood of Electrical Workers Local 245.
Lake Twp: Workers get union, pay raise
2015-12-07 16:16:00| Air Courier - Topix.net
A 2.5 percent pay raise that is retro-active to January is included in a new contract agreement between the Lake Township trustees and nine employees. After going into executive session for about 90 minutes Tuesday, the trustees emerged to announce they agreed to a three-year contract with the employees who earlier this year sought union representation with International Brotherhood of Electrical Workers Local 245.
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