Lear Corp. shareholders reject Icahn bid
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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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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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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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A Mylan Laboratories shareholder is suing the Canonsburg generic drug maker and its directors, saying they have failed their fiduciary obligations by not considering billionaire investor Carl Icahn&#39;s $20 per share offer for the company.
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Activist investor Carl Icahn has made a $2.43 billion offer for U.S. auto parts supplier Lear Corp. , the two parties said on Monday.
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Lear Corp.  said on Monday that it had accepted a higher takeover offer of about $3 billion from billionaire Carl Icahn's American Real Estate Partners LP  after shareholders balked at the previous proposal.
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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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The pension plan at a U.K. unit of  bankrupt auto parts maker Federal-Mogul Corp. FDMLQ.OB on  Friday rejected a $130 million offer by financier Carl Icahn to  keep it afloat, prompting a warning from bondholders that the  plan may be liquidated.
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The Netherlands-based Corporate Express rejected an unsolicited $3.67 billion buyout offer from Staples as too low, but some analysts expect an eventual agreement.
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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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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 Swedish truck maker Scania and its two largest shareholders rejected a takeover bid from a German rival, MAN A.G.
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Shareholders of Cablevision Systems Corp. rejected on Wednesday a $10.6 billion bid by the company's controlling shareholders, the Dolan family, to take the New York-area cable TV provider private.
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IntercontinentalExchange Inc.  on Thursday urged CBOT Holdings Inc.  shareholders and members to reject the proposed sale of the company to Chicago Mercantile Exchange Holdings Inc.
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Financier Carl Icahn ended his bid for Reckson Associates Realty Corp. , the Wall Street Journal reported on its Web site on Tuesday, a move that illustrates the difficulty activist shareholders face in challenging management.
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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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Auto parts supplier Lear Corp.  said on Monday that a company affiliated with activist investor Carl Icahn has offered to buy the company for $36 per share in cash.