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Icahn Enterprises Announces Management & Financial Update

Andrew Teno has been appointed as CEO of Icahn Enterprises, and David Willetts will serve as CEO of Pep Boys.

Carl-Icahn
Icahn Enterprises Announces Chapter 11 for Auto Plus

Auto Plus expects to continue to operate its business in the ordinary course and plans to run a sale process for substantially all its assets during the Chapter 11 case.

Icahn Enterprises Acquires American Driveline Systems, Franchisor Of AAMCO And Cottman Service Centers

With the addition of ADS, Icahn Automotive now operates approximately 1,900 owned and franchised service locations in 49 states plus Puerto Rico, the District of Columbia and several other international locations.

Icahn Enterprises’ Acquisition Of Federal-Mogul Is Now Complete

Federal-Mogul will continue to operate through its separate Powertrain and Motorparts segments, each with its own CEO reporting to the board of directors of Federal-Mogul.

Icahn Enterprises Completes Tender Offer In First Step Of Federal-Mogul Acquisition

The completion of the offer is the first step in Icahn Enterprises’ two-step acquisition of Federal-Mogul. Following the merger, Federal-Mogul’s common stock will cease to be traded on the NASDAQ Global Select Market.

Federal-Mogul Enters Into Definitive Merger Agreement With Icahn Enterprises L.P.

If the transaction is completed, Federal-Mogul will become a privately held company and its common shares will no longer be listed on the NASDAQ or any public market.  

Icahn Enterprises Completes Acquisition Of Pep Boys

As a result of the completion of the merger, the common stock of Pep Boys will no longer be listed for trading on the New York Stock Exchange or any other exchange.

Pep Boys’ Board Determines Revised Proposal From Icahn Enterprises Continues To Be Superior To Bridgestone Transaction

The revised proposal increased the purchase price from $16.50 per share to the greater of (1) $16.50 per share and (2) “a price equal to 10 cents more per share than any increased bona fide bid offered by Bridgestone, up to a maximum of $18.10 per share.”

Pep Boys’ Board Of Directors Determines Latest Proposal From Icahn Enterprises Is Superior To Bridgestone Transaction

Icahn Enterprises L.P. has made a revised proposal to acquire Pep Boys for $16.50 per share in cash, which constituted a “Superior Proposal” as defined in the Pep Boys’ agreement and plan of merger with Bridgestone Retail Operations LLC.

Auto Plus Announces Appointment Of Executive Team Under Icahn Enterprises Ownership

Brent Windom, president and CEO of Auto Plus, has announced the appointments of several key individuals to the leadership team.