February 6, 2007
Icahn Bids for Lear
Carl Icahn, who currently holds 16% of Lear, offers to buy the remaining shares for $36 per share, for a total of $2.4 billion. Another shareholder, Pzena Investment Management, says the price is too low for the auto parts supplier. See NY Times, Icahn Offers to Acquire Rest of Auto Parts Company .
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