Icahn raises bid 3.5% for auto parts maker Lear
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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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Financier Carl Icahn on Friday offered to buy the shares of generic drugmaker Mylan Laboratories  that he does not already own for &#36;4.9 billion, or &#36;20 a share, according to a government filing.
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Auto parts maker Lear Corp.  said on Friday it had accepted a $2.31 billion buyout offer from billionaire investor Carl Icahn, but also could solicit alternate proposals for 45 days.
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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.
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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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Billionaire investor Carl Icahn's American Real Estate Partners LP  raised its takeover offer for Lear Corp.  to about $3 billion, but the auto parts maker's second-biggest shareholder remained unconvinced.
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Generic drug maker Mylan Laboratories Inc.  said on Friday it is raising at least about $993.6 million in a public offering of notes and common shares, with proceeds intended for global operations and potential acquisitions.
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General Motors Corp. agreed to sell its Allison Transmission unit to buyout firms Carlyle Group and Onex Corp. for $5.6 billion as the largest US automaker raises cash to pay for job cuts, plant closings, and new models.
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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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Lear Corp. , which is facing criticism of billionaire Carl Icahn'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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Wall Street financier Carl Icahn on Wednesday reaffirmed his offer to acquire the remaining shares of Mylan Laboratories Inc.  he did not already own for &#36;4.9 billion.
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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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United Technologies Corp., which wants to buy Kidde Plc to add fire equipment to its Chubb security unit&#39;s offerings, raised its bid for the company by about 3 percent to 1.38 billion pounds ($2.67 billion), Kidde said.
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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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The investor Carl C. Icahn said he was trying to get three supporters elected to the board of the biotechnology firm Biogen Idec because of concerns over the sales process.
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Billionaire investor Carl Icahn on Monday said he offered to buy auto parts supplier Lear Corp.  for $36 a share in cash, or $2.43 billion, saying the company is poised for a turnaround amid a downtrodden auto sector.
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Billionaire investor Carl Icahn said on Friday a sale of BEA Systems Inc.  to a strategic acquirer would maximize the value of its shares and that he might seek to nominate directors to the software maker's board.