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Lear Accepts Bid From Icahn Affiliate
AP Online
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February 9, 2007
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Copyright 2007 Associated Press/AP Online. This material is published under license from the publisher through YellowBrix, Alexandria, Virginia. All inquiries regarding rights should be directed to YellowBrix.
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DETROIT - Auto parts supplier Lear Corp. said Friday that it has agreed to a buyout offer by a group affiliated with billionaire investor activist Carl Icahn for about $2.8 billion, but left the door open for a better offer.
At least one major shareholder said he would try to get others who own stock to oppose the deal.
Under the agreement, Icahn-controlled American Real Estate Partners LP is paying $36 a share, and a Lear spokesman said that amounts to about $2.8 billion. It also includes the assumption of about $2.5 billion in debt.
That is more than $4 a share below its closing price ...
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Magazine article from: Calliope
; ...dynasty founded by his grandfather, Chandragupta Maurya, in 322 B.C. At the time...s father and grandfather had been. Chandragupta Maurya united 17 small kingdoms in...accustomed to obeying an emperor, Chandragupta worked hard to maintain control. He...
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Magazine article from: Calliope
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News Wire article from: The Hindustan Times
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News Wire article from: PTI - The Press Trust of India Ltd.
; ...Mudrarakshasa', which sketches moments in the lives of Chandragupta and Alexander The Great, will now be captured on celluloid...Rajasthani film in the past, will play the role of King Chandragupta in the historical movie, Shashtry said. The shooting will...
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