Pep Boys’ Board Favors Icahn Offer, Notifies Bridgestone
Pep Boys’ notice to Bridgestone opens a three-day period, expiring 5 p.m. Eastern time on Dec. 11, during which Pep Boys can’t change its recommendation or terminate its agreement with Bridgestone. During this time, Bridgestone has the right to resubmit proposals for acquiring Pep Boys.
Bridgestone Commences Previously Announced Tender Offer To Acquire Pep Boys
The tender offer is being made pursuant to an offer to purchase, dated Nov. 16. Upon successful closing of the tender offer, shareholders of Pep Boys will receive $15 in cash for each share of Pep Boys common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding tax.
Bridgestone Announces James DeMouy As Vice President Of Environmental, Health, Safety And Sustainability
He will lead and direct all environmental, sustainability, health and safety-related activities for the entire Americas region, including overseas locations (manufacturing and retail). He will assume accountability for continued development and management of Bridgestone’s regulatory compliance programs.
Bridgestone To Acquire Pep Boys
The combined company will deliver greater consumer access to tires and automotive services; the deal also expands Bridgestone’s company-owned retail network and product offerings.
Bridgestone To Acquire TireConnect Systems
The acquisition will allow Bridgestone, its dealer network and distributors to better meet the needs of today’s digitally minded consumers by providing a simple and fully integrated tire buying experience from online to in-store, the company says.
Bridgestone Hires New Vice President Of Sales
Prior to joining Bridgestone, Bryant Davis had a 20-year career at PepsiCo Inc. where he eventually served as senior market director of sales and operations.
Bridgestone Shares Environmental Practices At Conference
U.S. Zero Waste Business Council hosts the National Zero Waste Business Conference annually with the goal of helping companies identify waste reduction methods.
Bridgestone Teen Driver Safety Program To Visit 11 US Cities
The Teens Drive Smart Driving Experience provides free, hands-on training aimed at eliminating distracted driving behaviors and improving practical driving skills.
Bridgestone Plant Recognized With Award
Environmental Leader magazine recognized Bridgestone with its 2015 Project of the Year award for the tiremaker’s comprehensive program to achieve zero waste to landfill.
Bridgestone Retail Operations, Shell Lubricants Announce Supplier Of Choice Agreement
BLOOMINGDALE, Ill. – Bridgestone Retail Operations (BSRO) and Shell Lubricants Americas have announced an agreement making Shell the supplier of choice for automotive lubricants used by BSRO’s more than 2,200 company-owned, U.S.-based tire and automotive service centers, starting Jan. 1, 2016. As part of the agreement, Shell Lubricants will supply BSRO stores with Quaker State
