Icahn Enterprises LP isn’t giving up on its acquisition target, Pep Boys — Manny, Moe & Jack. On Dec. 28, Icahn increased its offer to $18.50 per share, outbidding Bridgestone Retail Operations LLC by $1.50 per share.
Bridgestone Ups Stock Bid for Pep Boys
Bridgestone Americas Inc. has raised its bid for the company's outstanding shares of common stock to $17 a share to top the $16.50 offered by Icahn Enterprizes L.P.