Automotive
1 min read
Bridgestone pulls out of bidding war for Pep Boys
Japanese tire maker Bridgestone Corp said it would not counter Carl Icahn’s raised offer to buy Pep Boys – Manny Moe & Jack, ending a bidding war for the U.S. auto parts retailer. Icahn sweetened his offer for Pep Boys for the second time to $18.50 per share…