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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 .

February 6, 2007 in News Stories | Permalink

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