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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.

Tags: plus auto boys plots

 

Norfolk Southern (NSC) Stock Derails, Rejects Canadian Pacific's Takeover Bid, Jim Cramer's Take

2015-12-04 17:08:03| Railroads - Topix.net

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Tags: stock southern bid jim

 
 

This week in soft drinks & bottled water, featuring sugar taxes, Coca-Cola takeover talk and Volvic's Star Wars bottle

2015-12-04 14:07:00| Daily beverage news and comment - from just-drinks.com

Here's a round-up of this week's top stories in the global soft drinks & bottled water categories. We also have similar round-ups for beer & cider and spirits & wine.

Tags: week water star talk

 

Suncor extends, but doesn't sweeten, hostile takeover bid for Canadian Oil Sands

2015-12-04 02:46:58| Oil & Gas - Topix.net

Oilsands giant Suncor Energy has extended its hostile takeover bid for its smaller peer Canadian Oil Sands until Jan. 8, but it hasn't sweetened the offer. The all-stock bid - worth nearly $4.5-billion based on Thursday's closing share price - was to have expired Friday.

Tags: oil bid canadian extends

 

Sizing Up a Computer Sciences Takeover

2015-12-01 02:02:14| IT Services - Topix.net

The technology contractor on Monday officially spun off  the business that operates data centers for the U.S. government. That division had been seen as an obstacle for would-be suitors, many of whom are foreign and would have a hard time convincing regulators to let them supply technology to the U.S. army.  Pre-split, any acquirer would have had to line up a second buyer to take on the government unit.

Tags: computer sciences takeover sizing

 

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