Lear delays vote on Icahn takeover
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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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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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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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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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LONDON -- Barclays PLC , which is competing with Royal Bank of Scotland PLC to buy ABN Amro Holding NV in the largest takeover fight in financial industry history, said yesterday it received approval from Dutch regulators to delay its proposed takeover.
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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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Clear Channel Communications Inc.  on Tuesday said it would delay a shareholder vote on its near $19 billion deal to sell out to private equity firms and the founding Mays family.
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A Delaware Chancery Court judge ruled on Friday Caremark Rx Inc.  must delay a shareholder vote on its planned acquisition by CVS Corp.  until at least 20 days after it provides more details on the transaction.
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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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Airbus said Monday it postponed a news conference at which it had been expected to announce its long-awaited restructuring strategy.
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Reckson Associates Realty Corp.  said on Monday that it would postpone a shareholder meeting for the second time to give billionaire Carl Icahn and his partners more time to firm up financing for their $4.6 billion bid for the company.
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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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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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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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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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WILMINGTON, Del. -- Shareholders of auto supplier Lear Corp. rejected a $2.9 billion buyout offer Monday from a firm led by billionaire investor Carl Icahn.
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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.