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Pep Boys says Icahn offer is superior, moves to terminate Bridgestone deal

December 29, 2015 by · Leave a Comment 

Icahn's latest bid of $18.50 per share on Monday values Pep Boys at about $1 billion, while Bridgestone's previous offer of $17 per share valued the company at about $947 million. Pep Boys said that its board has delivered a notice to Bridgestone to terminate

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Pep Boys says Icahn offer is superior, moves to terminate Bridgestone deal