Lear says Tata AutoComp considers bid, withdraws
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Lear Corp.  said on Wednesday that India's Tata AutoComp Systems Ltd. explored a possible bid for the auto parts maker but will not submit a proposal to rival billionaire Carl Icahn's buyout offer.
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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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Ford picked Indiaâs Tata Motors as the top bidder for its Jaguar and Land Rover units, the Detroit automaker said.
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DETROIT -- Automotive equipment supplier Lear Corp. said Monday a group affiliated with billionaire investor activist Carl Icahn offered to buy the company for about $2.61 billion. But its share price climbed well above the offered price.
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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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Institutional Shareholder Services is recommending that Lear Corp.  shareholders vote against Carl Icahn's $2.86 billion proposed takeover of the U.S. auto-parts maker because of its price, according to a copy of the report obtained on Thursday.
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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&#39;s American Real Estate Partners LP   after shareholders balked at the previous proposal.
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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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TRW Automotive Holdings  is thinking about making a bid for the automotive engineering unit of Germany's Siemens, the Financial Times reported on Tuesday, citing three people involved in the bidding process.
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Anglo-Dutch steel firm Corus says it is accepting a revised Â£4.7bn takeover offer from Indian rival Tata Steel.
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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 after shareholders balked at a previous buyout proposal.
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India&#39;s Tata Group is interested in  acquiring Ford Motor Co&#39;s  Jaguar and Land Rover brands,  the Indian conglomerate&#39;s chairman Ratan Tata said in remarks  released on Friday.
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Influential advisory firm Institutional Shareholder Services has recommended that shareholders vote against billionaire Carl Icahn's sweetened $3 billion buyout offer for Lear Corp.
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India's Tata Advanced Systems said on  Saturday it planned to form a partnership with an arm of  European plane-maker EADS  to bid for the Indian Army's  $1 billion tactical communications system project.
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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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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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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.