Brandes says to vote against Icahn Lear buyout
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Fund manager Brandes Investment Partners LP said on Friday it intended to vote against billionaire investor Carl Icahn's proposed $2.31 billion buyout offer for Lear Corp. , which the auto parts maker has accepted.
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Billionaire investor Carl Icahn, who is pressing for board changes at biotechnology company ImClone Systems Inc. , on Wednesday acknowledged that he rejected $36-per-share takeover offer for the company, saying the company is worth more.
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U.S. auto parts maker Lear Corp.  said on Monday its shareholders voted down a buyout offer from an affiliate of billionaire investor Carl Icahn, rejecting the board's recommendation.
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Billionaire investor Carl Icahn said on Monday he is seeking three seats on the board of Biogen Idec Inc , setting the stage for a battle for control of one of the world's biggest biotechnology companies.
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Carl Icahn raised his bid for Lear Corp. by 3.5 percent to $2.9 billion after opposition from investors. The auto parts maker delayed a vote on the sale again, by four days to July 16.
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U.S. auto parts maker Lear Corp. , which has received a $2.31 billion buyout offer from activist investor Carl Icahn, remained mum on the reasons behind a long trading halt in its shares on Thursday.
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Shareholder advisory firm Institutional Shareholder Services recommended that Biomet Inc.  shareholders vote against a $10.9 billion private-equity buyout of the orthopedic device maker, the Wall Street Journal reported on its Web site on Wednesday.
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Mylan Laboratories Inc.&#39;s (MYL.N: Quote, Profile, Research) board on Monday rebuffed financier Carl Icahn&#39;s bid to buy the company, and said it remains committed to
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Board members of the Reckson Associates Realty Corporation voted Monday night to rebuff a second attempt by Carl C. Icahn to buy their company.
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Mylan Laboratories Inc.'s MYL.N board  on Monday rebuffed financier Carl Icahn's bid to buy the  company, and said it remains committed to its $3.37 billion  purchase of brand-name drug-maker King Pharmaceuticals Inc.  KG.N.
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About 700 textile workers will begin voting on a revised contract offer as the new owners of Malden Mills Inc. seek to avoid a threatened strike. Voting will run through tomorrow, with results expected tomorrow night, union spokesman Warren Pepicelli said. Pepicelli and Malden Mills spokesman James Harter declined to comment on what changes the company made to its offer. ...
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Chicago Mercantile Exchange Holdings Inc.  on Friday urged shareholders and members of the Chicago Board of Trade to vote in favor of CME's offer to take over CBOT, the No. 2 U.S. futures exchange.
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Shareholders at Lear Corporation vote to reject a $2.9bn buyout offer from billionaire investor Carl Icahn.
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India's Tata AutoComp Systems Ltd. explored a possible bid for Lear Corp. but would not be submitting a proposal to rival billionaire Carl Icahn's buyout offer, Lear said in a regulatory filing on Wednesday.
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Lear Corp. , which is facing  criticism of billionaire Carl Icahn&#39;s $36-per-share buyout  offer, delayed a shareholder vote on the deal until July 12,  the auto parts maker said on Friday.
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Shareholders of the New York Stock Exchange and Euronext, one of Europe's largest financial markets, are to vote today and tomorrow on a $14 billion merger proposal to create the first transatlantic stock exchange.
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Mylan Laboratories Inc., the biggest US maker of generic drugs, received a $20-a-share bid from Carl Icahn, the company&#39;s largest investor and a critic of Mylan&#39;s plan to buy King Pharmaceuticals Inc.