Tuesday, December 8, 2015

Carl Icahn Offers to Buy Pep Boys for $863 Million

After disclosing that he had purchased a 12-percent stake of the company, billionaire investor Carl Icahn submitted an offer of $863 million for the Pep Boys chain of automotive parts stores, according to the New York Times. Icahn's offer Tuesday of $15.50 per share is higher than Bridgestone's offer of $15 per share in October […]

The post Carl Icahn Offers to Buy Pep Boys for $863 Million appeared first on The Truth About Cars.



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