Lear affirms support for Icahn buyout, delays vote
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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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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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Not buying it. Megafinancier Carl Icahn has made it clear: He&#39;s still opposed to Mylan Laboratories&#39; (nyse: MYL - news - people ) proposed acquisition of King Pharmaceuticals (nyse: KG - news - people ). Despite
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Reckson Associates Realty Corp.  said on Monday it would postpone a shareholder meeting until December 6 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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Shareholders at Lear Corporation are to vote on a $2.9bn buyout offer from billionaire investor Carl Icahn.
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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.  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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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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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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Activist investor Carl Icahn has made a $2.43 billion offer for auto parts supplier Lear Corp. , the two parties said on Monday.
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Lear Corp.  on Monday accepted  an increased $3 billion takeover offer from billionaire Carl  Icahn, but doubts remained as to whether the auto parts maker&#39;s  shareholders would support the new deal.
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Billionaire Carl Icahn's sweetened $3 billion buyout offer for auto parts maker Lear Corp.  has gained little traction among top advisory firms or shareholders ahead of a scheduled vote next week.
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Shareholders of the company approved a $19.5 billion buyout on Tuesday, more than 10 months after the deal was proposed.
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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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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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The board of Mylan Laboratories rebuffed the financier Carl C. Icahn&#39;s bid to buy the company yesterday, saying it remained committed to acquiring the brand-name drug maker King Pharmaceuticals.
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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.