Topping Latest Bridgestone Offer, Icahn To Buy Pep Boys At $16.50/Share – ValueWalk Premium
Pepboys Pep Boys PBY

Topping Latest Bridgestone Offer, Icahn To Buy Pep Boys At $16.50/Share

On Monday, Pep Boys’ board indicated that billionaire Carl Icahn has increased his offer to acquire the auto service retailer to $16.50 a share, topping a $15-a-share bid that Bridgestone had made earlier in December.

Pep Boys’ board also determined activist investor Carl Icahn’s acquisition bid was a “superior proposal” to Bridgestone's.

Pep Boys’ board says Icahn’s offer superior to Bridgestone
As detailed by ValueWalk

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

0