Lear Accepts Bid From Icahn Affiliate
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DETROIT -- Auto parts supplier Lear Corp. said Friday that it has agreed to be acquired by a group affiliated with billionaire investor activist Carl Icahn for about $2.8 billion.
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The Dutch banking and insurance group ING said it had reached an agreement in principle to sell its troubled German unit ING BHF-Bank to the German private bank Sal. Oppenheim.
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Lear Corp.  on Monday accepted  an increased $3 billion takeover offer from billionaire Carl  Icahn, but doubts remained as to whether the auto parts maker&#39;s  shareholders would support the new deal.
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The investor Carl C. Icahn bid $955.9 million yesterday for WCI Communities, the Florida builder of condominiums and single-family homes, after saying he wanted to oust the board because the stock was undervalued.
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U.S. auto parts maker Lear Corp.  said on Friday that it has accepted top shareholder and billionaire investor Carl Icahn's $2.31 billion cash buyout offer and may solicit alternate proposals for 45 days.
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The investor Carl C. Icahn has gone shopping again, this time acquiring shares in the retailer J. C. Penney, people briefed on the matter said Friday.
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Shares of Lear Corp.  rose more than 4 percent on Tuesday on expectations that the company could command a higher price, one day after activist investor Carl Icahn offered to buy the U.S. auto parts supplier for $2.43 billion.
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Lear Corp. LEA.N expects to complete   a deal to contribute its European auto interiors business to a   joint venture with financier Wilbur Ross in the next several   weeks, Chief Executive Robert Rossiter said on Tuesday.
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Financier Carl Icahn on Friday  offered to buy the shares of generic drugmaker Mylan  Laboratories MYL.N that he does not already own for $4.9  billion, or $20 a share, according to a government filing.
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Shares of Mylan Laboratories Inc., the largest US maker of generic drugs, surged Thursday after the company said investor Carl Icahn was given the green light by regulators to buy up to $500 million of the company&#39;s stock.
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Shareholders of ImClone Systems Inc.   IMCL.O on Wednesday elected Carl Icahn and two of his   associates to the board on hopes the billionaire investor can   help stabilize the company after a series of blows that could   hurt sales and limit its strategic options.
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Billionaire investor Carl Icahn said  on Thursday he made an offer to buy certain Westchester  properties held by Reckson Associates Realty Corp.  as  part of its pending merger with SL Green Realty Corp .
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Billionaire Carl Icahn's sweetened $3 billion buyout offer for auto parts maker Lear Corp.  has gained little traction among top advisory firms or shareholders ahead of a scheduled vote next week.
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Investor Carl Icahn on Friday said he  has no plans to raise his $36-per-share offer for auto parts  maker Lear Corp. , saying the price is &quot;fair.&quot;
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Lear Corp.  shares rose as much  as 6.4 percent on Tuesday on expectations the U.S. auto parts  maker could command a higher price than the $36 per share  activist investor Carl Icahn has offered.
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Carl Icahn, the billionaire investor who took over TWA in the 1980s and has battled executives at Motorola , Time Warner , and other iconic corporations, now appears to have Biogen Idec Inc. in his crosshairs.
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Auto parts maker Lear Corp.  said  on Monday its shareholders voted down a buyout offer from an  affiliate of billionaire investor Carl Icahn.