Lear Gets Offer From Icahn Affiliate
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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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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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BOSTON  â The investor Carl C. Icahn said on Monday that 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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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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Financier Carl Icahn on Friday offered to buy the shares of generic drugmaker Mylan Laboratories that he does not already own for $4.9 billion, or $20 a share, according to a government filing.
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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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Another possible suitor has emerged in the Hollywood Entertainment Corp. takeover fray: billionaire Carl Icahn.
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Reckson Associates Realty Corp.  has asked potential suitor, a partnership of Carl Icahn and Macklowe Associates, to pick up the pace in making a definitive bid for the New York office building owner.
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Billionaire investor Carl Icahn said on Thursday he made an offer to buy certain Westchester properties held by Reckson Associates Realty Corp.  as part of its pending merger with SL Green Realty Corp .
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A group led by the investor Carl C. Icahn has agreed to increase its bid for the Lear Corporation, the automotive supplier, by about 3.5 percent, to roughly $2.9 billion.
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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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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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Lear Corp. , which has faced criticism for accepting 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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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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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 financier Carl Icahn offered to buy Mylan Laboratories Inc., the largest US maker of generic medicines, for about $5.38 billion to block Mylan&#39;s proposed purchase of King Pharmaceuticals Inc.
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Billionaire investor Carl Icahn yesterday offered to purchase Mylan Laboratories for $20 per share, part of his plan to derail the Canonsburg generic drug maker&#39;s proposed acquisition of King Pharmaceuticals.