U.S. auto parts retailer Pep Boys-Manny, Moe and Jack said its board determined that Carl Icahn’s offer to buy the company for $15.50 per share could result in a “superior proposal” compared with Bridgestone’s current offer.
U.S. auto parts retailer Pep Boys-Manny, Moe and Jack said its board determined that Carl Icahn’s offer to buy the company for $15.50 per share could result in a “superior proposal” compared with Bridgestone’s current offer.