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.
Icahn Again Outbids Bridgestone To Acquire Pep Boys
Pep Boys shareholders to receive $18.50 per share in cash.
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.
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.
Uni-Select Completes The Sale Of Its US Automotive Parts Distribution Activities
The proceeds of the transaction will be used by Uni-Select to repay its outstanding debt, settle related transaction costs and invest in future growth-driven organic and acquisition opportunities.
Update: Uni-Select Enters Into Agreement To Sell US Automotive Parts Distribution Activities
Carl Icahn, chairman of Icahn Enterprises, stated that the auto parts distribution business acquired from Uni-Select USA will be operated independently from Federal-Mogul Holdings Corp., a subsidiary of Icahn Enterprises.
Uni-Select Enters Into Agreement to Sell US Automotive Parts Distribution Activities for US$340 Million
Uni-Select Inc., a major automotive aftermarket parts and paint products distributor with activities across North America, today announced that it has entered into an agreement for the sale of substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc. to an affiliate of Icahn Enterprises L.P. at a purchase price of approximately $340 million, subject to adjustments based on the net tangible book value of assets sold at closing.
Federal-Mogul Announces Plan To Separate Into Two Distinct Global Automotive Suppliers
The planned separation will be implemented through a tax-free distribution of Federal-Mogul’s Motorparts division to shareholders of Federal-Mogul Holdings Corp.
Icahn Enterprises L.P. to Transfer Stock Exchange Listing to NASDAQ
Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in eight primary business segments: Investment, Automotive, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion.
Lear Shareholders Shoot Down Icahn’s Bid to Buy
From Detroit Free Press WILMINGTON, DE — Lear Corp. shareholders rejected a bid to sell the Southfield, MI-based automotive seat maker to billionaire financier Carl Icahn. The news means Lear will stay a public company, culminating a five-month battle in which three investor proxy firms suggested that shareholders reject the deal. The company didn’t disclose